Q. Consider the following statements regarding “World Intellectual Property Organization (WIPO)”:
1.It is the global forum for intellectual property (IP) services, policy, information and cooperation.
2.It is a self-funding agency of the United Nations.
Which of the statements given above is/are correct?
Answer: C
Notes:
Explanation: The World Intellectual Property Organization (WIPO) is the global forum for intellectual property (IP) services, policy, information and cooperation. We are a self-funding agency of the United Nations, with 193 member states.
- Our mission is to lead the development of a balanced and effective international IP system that enables innovation and creativity for the benefit of all.
- Our mandate, governing bodies and procedures are set out in the WIPO Convention, which established WIPO in 1967.