Question
Which of the following rights arises automatically upon
creation and does not require registration for protection?Solution
Among all forms of IPR, Copyright is unique because: • It arises the moment an original work (literary, musical, artistic, etc.) is created and fixed in a tangible medium. • No registration is necessary to enjoy copyright protection, although registration may help in legal disputes. Other options require registration: • A. Patent – Requires formal application and grant. • B. Trademark – Requires registration to enforce exclusive rights. • D. Industrial Design – Needs to be registered for protection. • E. Geographical Indication – Also requires registration to be enforceable.
GST is a consumption of goods and service tax based on
Which of the following bank-financed facilities is NOT classified as NPA even when other credit facilities of the same borrower are classified as NPA?
Which of the following statement is incorrect with respect to Valuation of Inventories?
What is the minimum Capital adequacy Ratio (CAR) requirement for a scheduled commercial bank as given by RBI?
In relation to appointment of auditors under the Companies Act, 2013, which of the following statements are correct?
(i) Section 129 of the Compa...
In relation to Accounting Standards, Which of the following statement is incorrect?
If a purchase return of ₹1,000 has been wrongly posted to the debit of the sales returns account, but has been correctly entered in the suppliers’ a...
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed O/H absorption rate is 1.5 per unit, what is the break even point in Qty if the bu...
₹200 paid as wages for erecting a machine should be debited to:
Securities Premium Reserve can be used for:
