[Solution] – The 10 PM Daily Quiz – 17th May, 2016

We posted 7 questions in 10 PM Daily Quiz on 17th May, 2016. Thanks for the amazing response. These questions will help you polish concepts based on current affairs. In case you have not attempted them, please attempt them by clicking below.


Q.1) Consider the following statements regarding Evergreening

  1. Evergreening refers to a variety of legal, business and technological strategies by which producers extend their patents over products that are about to expire, in order to retain royalties from them.
  2. Evergreening is a formal concept of patent law.

Select the correct answer using the codes given below:

a) 1 only
b) 2 only
c) Both are correct
d) Neither is true

Answer-a

Explanation:-

Evergreening refers to a variety of legal, business and technological strategies by which producers extend their patents over products that are about to expire, in order to retain royalties from them, by either taking out new patents (for example over associated delivery systems, or new pharmaceutical mixtures), or by buying out or frustrating competitors, for longer periods of time than would normally be permissible under the law.

Evergreening is not a formal concept of patent law; it is best understood as a social idea used to refer to the myriad ways in which pharmaceutical patent owners use the law and related regulatory processes to extend their high rent-earning intellectual property rights particularly over highly profitable (either in total sales volume or price per unit) “blockbuster” drugs.


Q.2) Consider the following statements regarding Special 301 Report

  1. It is a review of IPR regimes of U.S trading partners.
  2. According to it, it had put India on the ‘Priority foreign countries’

Select the correct answer using the codes given below:

a) 1 only
b) 2 only
c) Both are correct
d) Neither is true

Answer-a

Explanation:-

What is special 301 report?

Under Section 301 of US Trade Act, the office of US Trade representative (USTR) prepares a list of countries whose Intellectual property right regime (IPR) has negative impact on American products. Among such countries, special attention given to two groups:

Priority watch list countries Priority foreign countries
USA uses “carrot” policy to incentivize IPR reforms e.g. funding, training, capacity building, bilateral exchanges and conferences. “sticks” policy to force IPR reforms e.g. putting trade sanctions, approaching WTO dispute resolution.

Q.3) Which of the following are patent-disabling?

  1. Section  3(d) of (Indian) Patents Act
  2. Compulsory Licensing (CL)

Select the correct answer using the codes given below:

a) 1 only
b) 2 only
c) Both are correct
d) Neither is true

Answer-c

Explanation:-

Stand of the Indian Government

  • India does not recognise “unilateral measures” such as the U.S. Special 301 Report that tries to create pressure on countries to enhance IPR protection beyond the World Trade Organisation’s Agreement on Trade-Related Aspects of IPRs (TRIPS).
  • India will not undertake commitments beyond TRIPS.
  • IPR Policy will ensure that no changes are made in Section  3(d) of (Indian) Patents Act (which prevents ever-greening of drug patents) as well as the patent-disabling Compulsory Licensing (CL).
  • Compulsory licensing and norms similar to Section 3(d) are among the flexibilities available in international treaties and TRIPS Agreement to ensure availability of essential and life-saving drugs at affordable prices.

Q.4) Right to equality before the law and the equal protection of the laws is enshrined in which of the following article?

a) Article 14
b) Article 19
c) Article 21
d) Article 24

Answer-a

Explanation:- Article 14 in The Constitution Of India

Equality before law

The State shall not deny to any person equality before the law or the equal protection of the laws within the territory of India Prohibition of discrimination on grounds of religion, race, caste, sex or place of birth


Q.5) Consider the statements regarding NSG:

  1. Nuclear Suppliers Group (NSG) is a multinational body concerned with reducing nuclear proliferation by controlling the export and re-transfer of materials that may be applicable to nuclear weapon development and by improving safeguards and protection on existing materials.
  2. India is a part of the group.

Select the correct statement using the codes given below:

a) 1 only
b) 2 only
c) Both are correct
d) Neither is true

Answer-a
Explanation:- Click here.


Q.6) Consider the statement regarding WPI:  

  1. WPI index reflects average price changes of goods that are bought and sold in the wholesale market. WPI in India is published by the Office of Economic Adviser, Ministry of Commerce and Industry.
  2. The data for WPI is monitored and updated on a weekly basis taking into account all the 676 items that form the index.

Select the correct statement using the codes given below:

a) 1 only
b) 2 only
c) Both are correct
d) Neither is true

Answer-c

Explanation:- Click here.


Q.7) Consider the statements:

  1. Recently official figures confirm that infant mortality and neonatal deaths are coming down in Kerala’s Attapaddy tribal belt.
  2. According to the report Community kitchen scheme with other schemes helped in reducing infant mortality in the tribal area.
  3. Average weight of newborn also increases.

Select the correct statement using the codes given below:

a) 1 only
b) 1 and 2 only
c) 1 and 3 only
d) All are correct

Answer-d

Explanation:- Click here.


Comments

2 responses to “[Solution] – The 10 PM Daily Quiz – 17th May, 2016”

  1. Rakesh jaiswar Avatar
    Rakesh jaiswar

    good quality questions,,,

  2. These questions are very helpful for exam preparation.Thanks for sharing such kind of quiz..

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