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
(I) A Trade mark is an individual or a company's right whereas a geographical Indication is a community's right.
(II) A Trade Mark can be licensed whereas a Geographical Indication cannot be licensed.
(III) A Trade Mark is assigned to the manufactured goods whereas the Geographical - Indication is assigned to the agricultural goods/products and handcrafts only.
Which of the statements given above is/are correct ?
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