Question
Biology Question on Applications of Biotechnology
Which step has been taken by Government of India to cater to the requirement of patent terms and other emergency provisions in this regard?
A
Biopiracy Act
B
Indian Patents Bill
C
ETI Act
D
Negotiable instruments Act
Answer
Indian Patents Bill
Explanation
Solution
The Indian Parliament has cleared the second amendment of the Indian Patents Bill. It takes into consideration unauthorised exploitation of bio-resources. It also involves patent terms, emergency provisions and research and development initiative.