Q: 17 (IAS/2010)

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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 ?
question_subject: 
Current Affairs
question_year: 
2010
question_exam: 
IAS
question_sub_subject: 
Current Affairs -National
question_topic: 
Current Affairs -National
stats: 
0,512,1200,584,512,152,464