GK Question

technology medium mcq

Which initiative provides IPR support and fast-tracking for startups?

  1. SIPP Scheme
  2. Patent Facilitation
  3. Both A and B
  4. Neither

Answer: Both A and B

SIPP (Scheme for IPR Protection) offers fee rebates and expedited examination for startups. Critical for encouraging innovation and protecting intellectual property.

Topic Innovation Ecosystem
Exam Relevance UPSC, Banking, SSC