The 'Patent' in India is granted by which office? MCQ with Answer and Explanation

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The 'Patent' in India is granted by which office?

A. Controller General of Patents, Designs and Trade Marks

B. RBI

C. SEBI

D. Ministry of Finance

Answer: Option A

Solution (By JKSSB Mock Tests)

Patents are granted by the Office of Controller General of Patents, Designs and Trade Marks.

This question belongs to: Economy GK Economy Set 1

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Practice More Economy Set 1 Questions

Question #1

Expenditure on construction of a national highway is classified as:

A. capital expenditure

B. transfer payment

C. non-plan expenditure

D. revenue expenditure

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Correct Answer: Option A

Explanation:
Construction of a highway creates a capital asset and is capital expenditure.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Multilateral Investment Guarantee Agency' is a member of the:

A. World Bank Group

B. IMF

C. OECD

D. WTO

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Correct Answer: Option A

Explanation:
MIGA is a member of the World Bank Group.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Pradhan Mantri Annadata Aay Sanrakshan Abhiyan' is a scheme for:

A. irrigation

B. fertilizer subsidy

C. ensuring remunerative prices to farmers

D. crop insurance

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Correct Answer: Option C

Explanation:
PM-AASHA aims to ensure remunerative prices to farmers through price support, price deficiency payment and private procurement.

This question belongs to: Economy GK Economy Set 1

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