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Sovereign Patent Fund (SPF)
Consider the following statements about Sovereign Patent Fund (SPF):
- It can develop domestic innovation ecosystem.
- It will help in generating business based on the IP assets owned by Indian corporate.
- SPF will mainly support the big corporate houses by making the software available at low cost.
Choose the correct answer from the code given below:
A |
1 only
|
|
B |
1 and 2 only
|
|
C |
1, 2 and 3
|
|
D |
2 and 3 only
|
Your Ans is
Right ans is B
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- SPF will mainly support the MSME sectors by making the software available at low cost. Therefore, statement 3 is incorrect.
- Once the software/ hardware are available at s minimal price, the MSME sector will generate huge business with good productivity. So, statement 2 is correct.
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