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1. In the Indian context, the terms ‘IR8’, ‘IR36’, ‘Sonora 64’ and ‘Lerma Rojo’ are all associated with


2. India jumped 23 ranks in the World Bank’s Ease of Doing Business Index 2018 to 77. However, there are some parameters on which India’s ranking deteriorated. Among which one of the following parameters did India not witness a drop in its ranking?


3. The term Regulatory Forbearance, sometimes seen in the news, is often associated with


4. Consider the following statements about Section 7 of the RBI Act, 1934 that was recently in the news:

1.It requires the Central Government to hold consultations with the Governor prior to giving directions to the RBI to take certain actions in public interest.

2.A similar provision has been built into the laws that govern regulatory bodies in other sectors.

Which of the statements given above is/are correct?


5. Consider the following statements about India’s National IPR Policy:

1.The nodal agency to coordinate, guide and oversee implementation of IPRs is the Human Resource Development Ministry.

2.It commits India to reconciling its patent laws in accordance with such current international benchmarks that enable it to participate in several on-going multilateral trade negotiations.

3.The policy will be reviewed every five years.

Which of the statements given above is/are correct?


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