Explanation
- A
Only one
Only one. Three of the four are intangibles.
- B
Only two
Only two. Brand, IP and client lists are all intangible.
- C
Only three
Only three. Brand, intellectual property and mailing lists. Inventory is a tangible current asset.
- D
All four
All four. Stock in the warehouse is physical.
Summary. Official key is (c) only three. Brand recognition, IP and a client mailing list are intangible. Inventory is goods on hand — tangible.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2017 · Q34 · General Studies · 2 marks
With reference to the 'National Intellectual Property Rights Policy', consider the following statements: 1. It reiterates India's commitment to the 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? -
2026 · Q65 · General Studies · 2 marks
Consider the following statements with respect to the AI Impact Summit, 2026 held in New Delhi: 1. The Summit's intellectual framework was based on three foundational Sutras: People, Planning, and Progress. 2. The Preamble of the Summit stresses Democratising AI Resources, which acknowledges the Charter for Democratic Diffusion of AI as a binding framework to support locally relevant innovation and strengthen resilient AI ecosystems while respecting national laws. 3. The New Delhi Declaration on AI Impact was structured around seven Access Chakras (Pillars), which included Access for Social Empowerment, AI for Science, and Secure and Trusted AI. Which of the statements given above is/are correct?