Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) General Knowledge Economy External Sector and Currency Exchange rate
Consider the following statement related to Trade-Related Aspects of Intellectual Property Rights (TRIPS):
1. It completely prohibits compulsory licensing and government use of a patent without the authorization of its owner.
2. It allows members to exclude some types of plant and animal inventions from patenting in their countries.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2