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Solution- Darjeeling tea was the first Indian product that was awarded the GI tag in 2004. Geographical indications are intellectual property rights which gives a sign to particular product from definite geographical origin and assure about its exclusive quality. It distinguishes the original product from other products in the market which helps in fetching premium price especially from the developed countries. The GI tags are of great significance as they boost exports and promote economic prosperity of the producer thereby leading to sustainable development. It is a mark of authenticity and ensures that registered authorized users or at least those residing inside the geographic territory are allowed to use the popular product names.
In economic terms, the total market value of all final goods and services produced in a given year is known as.........
Which statements correctly describe the roles and responsibilities of the Reserve Bank of India (RBI)?
Statements:
Which monetary policy stance is characterized by low interest rates?
Which of the following comes under the Core Sector?
Which of the following is true regarding GDP?
i. In calculating GDP only final marketable goods and services are considered
In economic terms, the total market value of all final goods and services produced in a given year is known as.........
Recently Mastercard has appointed who among the following as its Brand Ambassador/Ambassadors ?
What is Monetary Policy Framework Agreement?
Tommy Eman Gold Cup is associated with which of the following sports?
Price theory is also known as _________?