UPSC Previous Year Question | Prelims GS | 2023

Consider the investments in the following assets: 1. Brand recognition 2. Inventory 3. Intellectual property 4. Mailing list of clients. How many of the above are considered intangible investments?

  1. Only one
  2. Only two
  3. Only three
  4. All four

Answer

Correct Answer

Only three

Explanation

Brand recognition, intellectual property, and a mailing list of clients are intangible assets. Inventory is a tangible/physical asset.

Topics: business finance, economy, intangible assets, intellectual property