πŸ“Š Economic
Q. As per the TRIPS Agreement1994, a good originating from a region with specific character/ quality/reputation is covered/to be protected under the IPR as
  • (A) Patent
  • (B) Trademark
  • (C) Trade secret
  • (D) GI (Geographical Indicator)
βœ… Correct Answer: (D) GI (Geographical Indicator)

Explanation: Geographical Indication (GI) means the name of a region or a locality, a specific place or, in exceptional cases, a country, used to describe a product originating in that region, locality, specific place or country, which possesses a specific quality, reputation or other characteristics attributable to that geographical origin, and the production and/or processing and/or preparation of which take place in the defined geographical area.

Explanation by: Prabhas Kapoor
Geographical Indication (GI) means the name of a region or a locality, a specific place or, in exceptional cases, a country, used to describe a product originating in that region, locality, specific place or country, which possesses a specific quality, reputation or other characteristics attributable to that geographical origin, and the production and/or processing and/or preparation of which take place in the defined geographical area.

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