Must know concept for NABARD Grade A 2022 & RBI Gr B: Intellectual Property Right Index

By Jyoti Bisht|Updated : October 14th, 2022

'International Intellectual Property Rights Index" is an important Index for the upcoming NABARD Grade A 2022 & RBI Grade B Exam. So, to help you all understand this topic better, we have shared complete details of the International Intellectual Property Rights Index in this post.

So, start reading these expert-designed study notes for NABARD Grade A & RBI Grade B Exam now and maximize your exam score!

 International Intellectual Property Rights Index

Released by Global Innovation Policy Centre (GIPC) of US Chambers of Commerce. The Global Innovation Policy Center of the U.S. Chamber of Commerce published this index.

This evaluation, which presents a thorough analysis of the advantages and disadvantages of India's national IP environment, is a positive step.

Patents, copyright, and trademarks are just a few examples of IP that are legally protected and allow people to profit financially or get notoriety from their discoveries.

The goal of the IP system is to promote an atmosphere where innovation and creativity can thrive.

Innovation and creative endeavors are essential components that fuel economic growth and maintain an economy's competitive edge in every nation.

About International Intellectual Property Rights Index

  • It is an annual Index that examines a country’s Intellectual Property (IP) framework across eight categories of indicators – patents, copyrights, trademarks, trade secrets, market access, enforcement, commercialization of IP assets, systemic efficiencies, and ratification of international treaties.
  • The Index rates a country’s intellectual property legislation, policy, enforcement, and systems on 40 different metrics over the previous year, awarding a maximum of one point on each metric.
  • The US Chamber of Commerce Global Innovation Policy Centre published it each year (GIPC).
  • The index was originally published in 2012, and it analyzed the IP landscapes of 11 different economies.
  • The Intellectual Property (IP) Index assesses the ecosystem of each country using 50 distinct factors that the industry feels indicate nations with the best IP systems.

Major Findings of the IIPI 2022

On the International Intellectual Property Index 2022, India's overall IP score increased from 38.4% to 38.6%, and the nation is now ranked 43 out of 55.

Top Five Ranks-

  1. the USA
  2. the United Kingdom
  3. Germany 
  4. Sweden
  5. France

About US Chamber of Commerce

It is the biggest business federation in the world, representing the interests of over 3 million companies across all industries, geographies, and sizes. It also includes state and municipal chambers of commerce.


At the suggestion of President William Howard Taft and his Secretary of Commerce and Labor Charles Nagel, the organization was established in April 1912 out of regional chambers of commerce.

Benefits of the International Intellectual Property Rights Index

Over the past ten years, the world's IP environment has improved, yet there are still issues because many economies continue to have weak IP protection.

Historically, as internet piracy has grown in scope and size over the past ten years, many economies have found it difficult to offer appropriate copyright protection. New technologies to stop IP infringement online, however, have improved IP owners' security.

The scale of the international trade in counterfeit goods has increased over the past 10 years, yet enforcement against actual IP-infringing goods has not kept up.

A proposal to "waive" international IP agreements was still being pushed by some World Trade Organization (WTO) members notwithstanding the crucial role IP played in the pandemic response.

Attempt Free Mock Test for NABARD Grade A Exam

If you are aiming to crack RBI Grade B 2023, then join the RBI Grade B 2023 Batch Online Classroom Program where you will get:

  • Live Courses by Top Faculty
  • Daily Study Plan 
  • Comprehensive Study Material 
  • Latest Pattern Test Series 
  • Complete Doubt Resolution 
  • Regular Assessments with Report Card

Click here to access Test Series

Why BYJU'S Exam Prep Test Series?

  • Get better at every level of your preparation with unlimited test series, based on the latest exam pattern. 
  • Assess areas of weaknesses & track improvements with in-depth performance analysis

Download the BYJU’S Exam Prep App Now. 

The most comprehensive exam prep app.



write a comment


  • The Index assesses each economy's IP framework using 50 different measures, which the business community believes represent the nations with the best IP systems.

  • The US Chambers of Commerce annually compiles a report called the International Intellectual Property Index. The 2020 U.S. Chamber International IP Index, dubbed "Art of the Possible," establishes a model for nations aspiring to develop into knowledge-based economies in the twenty-first century.

  • With more than three million firms and organizations as members, the United States Chamber of Commerce (USCC) is the biggest lobbying organization in the country.

  • Suzanne P. Clark is the Chamber's current president and CEO. Prior to being designated the company's first female CEO in February 2021, she worked for the Chamber from 1997 to 2007 before leaving and returning in 2014.

  • The categories of patents and international treaties show the greatest improvement. Even still, these advancements fall short of real, unrestricted global invention and creativity.

Regulatory Bodies


Follow us for latest updates