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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:
Detailed Solution
The Genetic Engineering Approval Committee (GEAC) is set up by the Indian Government to make decisions regarding the validity of GM research and safety of GM organisms for public use, so Statement I is true. Biopiracy refers to the unauthorised use of bio-resources (and traditional knowledge) by other nations/organisations without compensating the native people/country, not the use of bio-resources by native people themselves, so Statement II is false.