NPTEL Intellectual Property Week 2 Assignment Answers 2024

Join Our WhatsApp Group Join Now
Join Us On Telegram Join Now

NPTEL Intellectual Property Week 2 Assignment Answers 2024

1. Start-Up is an entity, mean-

  • More than five years have not lapsed from the date of its incorporation or registration.
  • Turn-over for the five year, not exceed 75 crores.
  • Should work on defense and education only.
  • May or may not be driven by Intellectual Property right.
Answer :- For Answer Click Here 

2. Novartis patent was for-

  • Beta crystalline form of Imatinib Mesylate.
  • Alpha crystalline form of Imatinib Mesylate.
  • Gamma crystalline form of Imatinib Mesylate.
  • None of the above
Answer :- For Answer Click Here 

3. The ability of mass duplication in intangible assets exists because of the trait:

  • Sunkenness
  • Scalability
  • Liquidity
  • None of the above
Answer :- For Answer Click Here 

4. Definition of startUp is in

  • Rule 2 f(b).
  • Rule 4 a
  • Rule 20
  • Rule 16
Answer :- 

5. Statement 1: An entity shall cease to be a startup on completion of 7 years from the date of its incorporation/registration.
Statement 2: In respect of Startups in the biotechnology sector, an entity shall cease to be a Startup on completion of 10 years from the date of its incorporation/registration

  • Statement 1 is True and Statement 2 is False
  • Statement 1 is False and Statement 2 is True.
  • Both Statement 1 and 2 are True
  • Both Statement 1 and 2 are False
Answer :- 

6. Statement 1: “Synergies” in intangibility refers to the fact that the benefit of an intangible asset may accrue on others.

 Statement 2: Strong IP rights increase investment

  • Statement 1 is True and Statement 2 is False
  • Statement 1 is False and Statement 2 is True
  • Both Statement 1 and 2 are True
  • Both Statement 1 and 2 are False
Answer :- For Answer Click Here 

7. In Novartis case, the Patent was rejected on following grounds:

  • Anticipation
  • Non-obviousness
  • Not an invention u/s 3(d)
  • Wrongful Priority
Answer :- 

8. The traits of intangibility are:

  • Volatile
  • Spillovers
  • Sunkenness
  • Scalability
Answer :- 

9. Which of the following falls under intangible investments?

  • New technological ideas
  • New Product designs
  • New Business Models
  • Ownership of land as asset
Answer :- 

10. The Novartis standard established after the judgment is/are:

  • Identifying the new form of the known substance
  • Comparing the pharmacological properties of the known substance with new form of the known substance.
  • Provide comparative material on enhanced efficacy
  • Lack of inventive step
Answer :- For Answer Click Here