With reference to the “National Intellectual Property Rights Policy” consider the following statements:1.It reiterates India's commitment to Doha Development Agenda and the TRIPS agreement.2.Department of Industrial Policy and Promotion is the nodal agency for regulating Intellectual Property Rights in India.Which of the above statements is/are correct?Select the correct answer from the code given below:

1. A

   Only 2

   Option (a) claims that only statement 2 is correct. This is incorrect because statement 1 is also factually correct regarding international commitments.

2. B

   Neither 1 nor 2

   Option (b) claims that neither statement is correct. This is incorrect because both statements accurately reflect the provisions and nodal agency of the National IPR Policy.

3. C

   Only 1

   Option (c) claims that only statement 1 is correct. This is incorrect because statement 2 is also correct regarding the nodal department.

4. D

   Both 1 and 2

   Option (d) claims that both statement 1 and statement 2 are correct. This is the official key because the National Intellectual Property Rights Policy explicitly reiterates India's commitment to the Doha Development Agenda and TRIPS, and the Department for Promotion of Industry and Internal Trade (formerly DIPP) serves as the nodal agency for IPR regulation in India.

Summary. Official key is (d) Both 1 and 2. The National IPR Policy was adopted in 2016 to foster creativity and innovation. It reaffirms India's dedication to international agreements like the Doha Development Agenda and TRIPS. Furthermore, the Department of Industrial Policy and Promotion (now DPIIT) acts as the nodal body for overseeing IPR administration and regulation in the country. Therefore, both statements given in the question are completely correct.