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Q.

The exclusive right over any idea or invention is called


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a

Invention

b

Technology

c

Patent

d

Stock of resource 

answer is C.

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Detailed Solution

The exclusive right over any idea or invention is called a patent. This entitles the patented product to be used only by authorised persons. It is a kind of protection given to brilliant inventions. They are given to recent discoveries in different fields. The main aim of providing patent rights is to prevent the exploitation of the products. They are provided for twenty years from applying for a patent. Technology refers to the practical application of knowledge for a better quality of life. Inventions are solutions to existing problems and confusion. The stock of resources refers to non-renewable resources like fossil fuels, which must be used carefully.
 
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