With reference to the World Intellectual Property Indicators (WIPI) 2024 report, consider the following statements: 1. It provides a comprehensive analysis of global intellectual property (IP) trends. 2. India has seen a decline in its ranking in the report. 3. The report is published annually by the United Nations Development Programme (UNDP). How many of the statements given above are correct? |ForumIAS

Q. With reference to the World Intellectual Property Indicators (WIPI) 2024 report, consider the following statements:
1.It provides a comprehensive analysis of global intellectual property (IP) trends.
2.India has seen a decline in its ranking in the report.
3.The report is published annually by the United Nations Development Programme (UNDP).
How many of the statements given above are correct?

[A] Only one

[B] Only two

[C] All three

[D] None

Answer: A

Notes:

Explanations –

Statement 1 is correct. The World Intellectual Property Indicators (WIPI) 2024 report provides a detailed and comprehensive analysis of global IP trends, including patents, trademarks, industrial designs, and other IP categories.

Statements 2 and 3 are incorrect. India improved its ranking in the WIPI 2024 report. It moved up to sixth place globally in patent applications, experiencing a significant increase in filings. The WIPI report is published annually by the World Intellectual Property Organization (WIPO).

Source: AIR

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