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Given below are two statements: Statement I: The Indian Government has set up GEAC, which will make decisions regarding the validity of 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:
A
Statement I is true but Statement II is false
B
Statement I is false but Statement II is true
C
Both Statement I and Statement II are true
D
Both Statement I and Statement II are false
The answer is A.