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? Correct Answer 1 and 2 only The correct answer 1 and 2 only. Key Points A trademark is a type of intellectual property consisting of a recognizable sign, design, or expression which identifies products or services of a particular source from those of others, although trademarks used to identify services are usually called service marks. The trademark owner can be an individual, business organization, or any legal entity. Geographical Indication(GI) is a name or a sign given to certain products that relate to a specific geographical location or origins like a region, town, or country. Hence, Statement 1 is correct. Trademark licensing is the process by which a registered trademark owner, called a licensor or proprietor, allows another party, called a licensee, to make and distribute specific products or services under the licensor's trademark agreement. Trademark licensing is a type of merchandise agreement. Whereas GI is not licensed but has to be registered with the Registrar of GIs. Hence, Statement 2 is correct. Geographical Indication is assigned to the agricultural goods/products natural, or manufactured goods and handicrafts. Hence, Statement 3 is Not correct. Geographical Indications are covered as a component of intellectual property rights (IPRs) under the Paris Convention for the Protection of Industrial Property. In India, Geographical Indications registration is administered by the Geographical Indications of Goods (Registration and Protection) Act, 1999. GI is governed by the World Trade Organisation’s (WTO’s) Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) at the international level. Darjeeling tea was the first product of India to be accorded with the GI tag. Additional Information The difference between Trademark and Geographical Indication is as follows- Trademark Geographical Indicator It envisions that the product comes from a particular enterprises or company It envisions that the products come from a particular place Right is enjoyed by one person, or company Right is enjoyed by the community A trademark can be a word, letter, numeral (or numerals), a combination of numerals and letters, hologram, sound, smell, an abbreviation, a name, or a device GIs can only be names or symbols corresponding to a particular region or place Trademark is licensed GI is not licensed but has to be registered with the Registrar of GIs Includes word, letter, numeral (or numerals), a combination of numerals and letters, hologram, sound, smell, etc. Includes a particular agricultural, natural, or manufactured good.