UPSC 2010 › Indian Economy › International Trade & WTO

In the context of the affairs

of which of the following is the phrase “Special Safeguard Mechanisms” mentioned in the news frequently ?

In order to comply with TRIPS Agreement, India enacted the Geographical Indications of Goods (Registration & Protection) Act, 1999. The difference/differences between a “Trade Mark” and a Geographical Indication is/are

1. A Trade Mark is an individual or a company’s right whereas a Geographical Indication is a community’s right.
2. A Trade Mark can be licensed whereas a Geographical Indication cannot be licensed.
3. A Trade Mark is assigned to the manufactured goods whereas the Geographical Indication is assigned to the agricultural goods/products and handicrafts only.

Which of the statements given above is/are correct ?

The SEZ Act, 2005 which came into effect in February 2006 has certain objectives. In this context, consider the following :

1. Development of infrastructure facilities.
2. Promotion of investment from foreign sources.
3. Promotion of exports of services only.

Which of the above are the objectives of this Act ?

As regards the use of international food safety standards as reference point for the dispute settlements, which one of the following does WTO collaborate with?