International Intellectual Property Index 2021

Current Context: The 9th edition of the International Intellectual Property Index 2021 was released.

• It was released by the US Chamber of Commerce Global Innovation Policy Centre (GIPC).
• As per the index, India is ranked at 40th position among 53 nations with a score of 38.40.
• The index is topped by the USA with a score of 95.31.
• The second and third rank positions are marked by the UK and Germany respectively.
• The index ranking is framed by evaluating IP rights, patents, copyright policies, commercialization of IP assets and ratification of International Treaties for all 53 nations.
• The report suggests that India needs a unified IP framework for sectors like advanced manufacturing, biopharmaceutical products and creative contents.
• The report also suggests that India needs to remove bureaucratic barriers and make Cinematographic law amendments to improve its rank position in the index.

Question: 

Q.1 What is the rank of India in the International Intellectual Property Index 2021?
a. 40th
b. 35th
c. 22nd
d. 14th