Prelims GS July 24, 2025

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MCQ
GS

Examine the following assertions related to Intellectual Property (IP) reforms in India:

  1. The Locarno Agreement, which pertains to Industrial Designs, is overseen by the World Intellectual Property Organization (WIPO).
  2. Startups and Micro, Small & Medium Enterprises (MSMEs) receive an 80% discount on patent application fees.
  3. The process of registering trademarks now involves more forms than it did earlier.

Which of the statements given above is/are correct?