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The Union Minister for MSME inaugurated the Centre for Rural Enterprise Acceleration through Technology (CREATE) in Leh.
About Pashmina Wool ●Pashmina is Geographical Indication (GI) certified wool from the Kashmir region. ●The wool is obtained from the Changthangi goats (Capra Hircus) domesticated in Ladakh. ●The raw wool is harvested by the Changpa tribes of Ladakh, a semi-nomadic community living in Ladakh. ●Pashmina is one of the finest and highest quality wools in the world. ●Pashmina shawls are expensive due to their fine quality and the hard work involved in making them. |
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PRACTICE QUESTION Q.Consider the following statements in the context of the Geographical Indication (GI): 1. It was formally introduced in 1994 as part of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement. 2. In India, the GI tag is for an indefinite period if the product is produced within the defined geographical area. 3. GI products are more affordable than non-GI products. How many of the above statements are incorrect? A) Only one B) Only two C) All three D) None Answer: B Explanation: Statement 1 is correct: The Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement was part of the WTO framework established in 1994 to protect Geographical Indications. This agreement set the standards for the protection of GIs globally. Statement 2 is incorrect: In India, GI protection is provided for an initial 10-year period, which can then be renewed for an additional 10-year period. While GI protection can be expanded forever, it is not automatic and must be renewed periodically. Statement 3 is incorrect: Due to their distinct characteristics, reputation, and traditional manufacturing processes, GI products are usually more costly than non-GI items. |
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