Q. With reference to the World Intellectual Property Organization (WIPO), which of the following statements is/are correct?
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.
Select the correct answer using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

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. 

Source: https://www.wipo.int/about-wipo/en/ 

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