Q. “TRIPS” often seen in news is related to which of the following?

[A] WTO

[B] WEF

[C] UNDP

[D] UNEP

Answer: A
Notes:

Explanation: Trade-Related Aspects of Intellectual Property Rights is an international legal agreement between all the member nations of the WTO.

  • It sets down minimum standards for the regulation by national governments of many forms of intellectual property (IP) as applied to nationals of other WTO member nations.
  • TRIPS were negotiated at the end of the Uruguay Round of (GATT) in 1994 and were administered by the WTO.

Source: FORUMIAS