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In order to comply with TRIPS agreement, India enacted the geographical Indications of goods.(Registration and protection) Act, 1999. The difference between a 'Trade Mark' and a geographical Indication is/are1. A trademark is an individual or a company's right whereas a geographical indication cannot be licensed.2. A trademark can be licensed whereas a geographical indication is assigned to the agricultural goods/products and handicraft only. Which of the statement(s) given above is/are correct?

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In order to comply with TRIPS agreement, India enacted the geographical Indications of goods.<br />(Registration and protection) Act, 1999. The difference between a 'Trade Mark' and a geographical Indication is/are<br />1. A trademark is an individual or a company's right whereas a geographical indication cannot be licensed.<br />2. A trademark can be licensed whereas a geographical indication is assigned to the agricultural goods/products and handicraft only. Which of the statement(s) given above is/are correct?






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