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Question

Q. Consider the following statements regarding the National Policy on IPR, 2016:

Select the correct answer using the code given below:

A

1 and 2 only
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B

2 and 3 only
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C

1 and 3 only
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D

1, 2 and 3
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Solution

The correct option is A
1 and 2 only
Explanation:

Statement 1 is correct: National Policy on IPR, 2016 has a tagline of Creative India: Innovative India.

Statement 2 is correct: It emphasizes on providing financial support to the relatively less empowered groups of IP owners or creators.

Statement 3 is incorrect: The Department for Promotion of Industry & International Trade (DPIIT, earlier known as DIPP) is the nodal department to coordinate, guide and oversee the implementation and future development of IPRs in India.

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