Question

Compulsory licenses for patents are granted as:

• A. Voluntary
• B. Implied
• C. Virtual
• D. Statutory

Hint:

Compulsory licenses allow the government to authorize the use of patents for public interest, subject to statutory provisions.

Answer 1

The Correct Option is D

Step 1: Understand compulsory licenses.
- A compulsory license is granted under the provisions of the Indian Patents Act, 1970, when the government permits the use of a patented invention without the patent holder's consent. This is a statutory provision intended to benefit the public.

Step 2: Conclusion.
- Therefore, compulsory licenses are granted under statutory law.