41: In order to comply with TRIPS Agreement, India enacted the Geographical Indications of Goods (Registration & Protection) Act, 1999. The difference/differences between a "Trade Mark" and a Geographical Indication is/are:
1. A Trade Mark is an individual or a company's right whereas a Geographical Indication is a community's right.
2. A Trade Mark can be licensed whereas a Geographical Indication cannot be licensed.
3. A Trade Mark is assigned to the manufactured goods whereas the Geographical Indication is assigned to the agricultural goods/products and handicrafts only.
Which of the statements given above is/are correct ?
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 1, 2 and 3
42: Every time a man hits the target he gets one rupee and every time he misses the target he has to pay the rupee. He is allowed to try 100 times and gets an amount of Rs. 30. How many times did he hit the target?
(a) 60
(b) 65
(c) 70
(d) 75
43: Both Foreign Direct Investment (FDI) and Foreign Institutional Investor (FII) are related to investment in a country. Which one of the following statements best represents an important difference between the two ?
(a) FII helps bring better management skills and technology, while FDI only brings in capital
(b) FDI flows only into the secondary market, while FII targets primary market
(c) FII helps in increasing capital availability in general, while FDI only targets specific sectors.
(d) FII is considered to be more stable than FDI
44: Consider the following statements:
1. Union Territories are not represented in the Rajya Sabha.
2. It is within the purview of the Chief Election Commissioner to adjudicate the election disputes.
3. According to the Constitution of India, the Parliament consists of the Lok Sabha and the Rajya Sabha only.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 and 3
(c) 1 and 3
(d) None
45: Consider the following statements:
1. Most of Indias external debt is owed by governmental entities.
2. All of Indias external debt is denominated in US dollars.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2