Which Indian Patent Bill has been passed by the Indian Parliament regarding the regulation of biological resources and associated knowledge?

  • A
    $1^{st}$
  • B
    $2^{nd}$
  • C
    $3^{rd}$
  • D
    $4^{th}$

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What is $GEAC$? Give its function.

Give information about Bio-patent.

Why has the Indian Parliament cleared the second amendment of the country's patents bill?

Ignoring our traditional knowledge can prove costly in the area of biological patenting. Justify.

Given below are two statements:
Statement $I$: The Indian Government has set up $\text{GEAC}$ which will make decisions regarding the validity of $\text{GM}$ research.
Statement $II$: Biopiracy is the term used to refer to the use of bio-resources by native people.
In the light of the above statements,choose the correct answer from the options given below:

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