In order to comply with TRIPS Agreement, India enacted the Geographical Indications of Goods (Registration & Protection) Act, 1999. The difference/differences between a `Trade Mark` and a Geographical Indication is/are: 1. A Trade Mark is an individual or

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Q: 17 (IAS/2010)
In order to comply with TRIPS Agreement, India enacted the Geographical Indications of Goods (Registration & Protection) Act, 1999. The difference/differences between a 'Trade Mark' and a Geographical Indication is/are:
1. A Trade Mark is an individual or a company's right whereas a Geographical Indication is a community's right.
2. A Trade Mark can be licensed whereas a Geographical Indication cannot be licensed.
3. A Trade Mark is assigned to the manufactured goods whereas the Geographical Indication is assigned to the agricultural goods/products and handicrafts only.
Which of the statements given above is/are correct ?
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question_subject: 

Current Affairs

question_exam: 

IAS

stats: 

0,54,100,58,54,8,34

keywords: 

{'geographical indication': [0, 0, 1, 1], 'geographical indications': [0, 0, 0, 1], 'agricultural goods': [0, 0, 1, 0], 'trade mark': [0, 0, 1, 0], 'trips agreement': [0, 0, 1, 1], 'india': [8, 1, 7, 13], 'goods': [0, 1, 5, 27], 'registration': [1, 0, 3, 3], 'products': [1, 3, 4, 8], 'differences': [0, 0, 1, 3]}