Question
What is the term of a patent granted under the Indian
Patents Act, 1970 (as amended)?Solution
Explanation: As per Section 53 of the Patents Act, the term of every patent granted after the 2002 amendment is 20 years from the date of filing the application , regardless of whether it was filed with provisional or complete specification. This aligns with the TRIPS (Trade-Related Aspects of Intellectual Property Rights) agreement under WTO.
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Consider the following statements with respect to the FDI flows data provided by the Reserve Bank of India?
I.According to the data provided by t...
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