Question
Under the Trade Marks Act, 1999, which of the following
is an example of a "descriptive" mark that is generally not registrable as a trademark?Solution
A descriptive mark describes the qualities or characteristics of the goods or services it represents. The Trade Marks Act, 1999 generally does not allow the registration of descriptive marks as they fail to distinguish goods or services and give a competitive advantage to others. β’ "Fast & Easy" is considered a descriptive mark because it directly describes the nature of the delivery service. β’ "Apple", "Nike", and "Coca-Cola" are distinctive marks and are registrable because they are not descriptive and have acquired a unique identity associated with their brands.
Which benchmark has been mandated by RBI for floating rate loans to retail and MSME borrowers?
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Gross Domestic Product (GDP) of any nation
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What relationship exists between the average collection period and accounts receivable turnover?
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Which term refers to the specific rate of interest carried by a bond?
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