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Start learning 50% faster. Sign in nowUnder the Patents Act, 1970 (as amended), the requirements for obtaining a patent are: 1. Novelty: The invention must be new and not disclosed in prior art. 2. Non-obviousness (Inventive Step): The invention must not be obvious to a person skilled in the art. 3. Industrial Applicability: The invention must be capable of being used in an industry. Commercial success is not a requirement under patent law, although it can influence the marketability of the patented product.
Which of the following statements is INCORRECT about the Finance Commission?
Suppose we regress the dependent variable y on four independent variables x1, x2, x3, and x4. After running the regression on n = 16 observatio...
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T)
Tax Function: T = T0 + tY
Income...
________ was an important growth strategy adopted by India prior to 1991.
Suppose we regress the dependent variableyon four independent variablesx1,x2,x3, andx4. After running the regression onn= 16 observations, we have the f...
Which of the following is NOT a model of e-governance as proposed by Prof. Dr. Arie Halachmi?
Which of the following defines ambient standards in an environmental policy
Which of the following is/are true at equilibrium in a perfect competition?
(1) MR = MC
(2) AC = MC = AR = MR
(3) MC is falling
Give below are two statements:
Statement - I: The terms of trade of a nation are defined as the ratio of the cost of its export commodity to th...
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
