Petroleum-lysing bacteria are being engineered for the removal of oil spills. What is the most realistic danger of these bacteria to the environment?

Exploitation of bioresources of a nation by multinational companies without authorization from the concerned country is referred to as

Which step has been taken by the Government of India to cater to the requirements of patent terms and other emergency provisions in this regard?

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

Give any two reasons why the patent on Basmati should not have gone to an American Company.

The aims and objectives of the Genetic Engineering Approval Committee $(GEAC)$ are:
$I$. To permit the use of genetically modified organisms and their products for commercial applications.
$II$. To adopt the procedures for restriction,production,and application of $GM$ organisms.
$III$. Approval to conduct large-scale field trials and release of transgenic crops into the environment.
Which of the statements given above are correct?