Patents granted by India up by 50% in 2017: WIPO

According to the World Intellectual Property Indicators 2018 report released by United Nation's World Intellectual Property Organisation (WIPO), number of patents granted by India shot up by 50% in 2017.

• The patents granted by India increased from 8,248 in 2016 to 12,387 in 2017, thus keeping up a trend of steep increases.

Details:

• Patents granted in 2017 in India were more than double than 6,022 patents granted in 2015. 
• Of the total patents granted in 2017, 1,712 went to entities and individuals based in India, and 10,675 to foreigners.
• The steep increase in number was driven by patents granted to foreigners, which accounted for 85% of total increase.
• The number of patents given to domestic entities has also shown an increasing trend.
• In 2016, 1,115 went to domestic individuals or entities and 7,133 to foreigners and in 2015, 822 were granted to applicants in India and 5,200 to foreigners. 
• Globally, 1.4 million patents were granted in 2017.
• China led world with 4,20,144 granted patents and was followed by US with 3,18,829.

About the World Intellectual Property Organisation (WIPO):

• It is the global body for promotion and protection of intellectual property rights (IPR). 
• It is one of the 15 specialized agencies of United Nations (UN).
• It was established in 1967 and is headquartered in Geneva, Switzerland.
• Its mandate is to encourage creative activity, to promote the protection of intellectual property throughout the world.
• It encourages and provides assistance to all its 188 member countries in formulating national IPR policy, however it does not dictate or prescribe any mandatory measures. 
• India is a member of WIPO and party to several treaties administered by WIPO.

Question:

Q. According to which report released by United Nation's World Intellectual Property Organisation (WIPO), number of patents granted by India shot up by 50% in 2017?
a. Global Intellectual Property Indicators 2018 report
b. International Intellectual Property Indicators 2018 report
c. World Intellectual Property Indicators 2018 report
d. None of the above