Biotechnology a...

Rice is important food grains grown in India from thousands of years. Estimated varieties of rice present in India are

An American company got patent rights through US Patent and Trademark Office by claiming new variety of Basmati by

Biopiracy is the use of bio-resources by multinational companies and other organizations

Most of the industrial nations are rich financially but

Traditional knowledge related to bio-resources can be exploited to

Bioprospecting includes

The current interest in the manipulation of microbes, plants and animals have raised

Statement I: Developing and underdeveloped world are rich in biodiversity and traditional knowledge related to bio-resources.
Statement II: Industrialized nations are rich financially but poor in biodiversity and traditional knowledge about bio-resources.
Statement III: Traditional knowledge can be exploited to develop modern applications.

The Indian parliament has cleared second amendment of the Indian Patents Bills to

Assertion: Biopiracy is the theft of genetic materials and associated culture knowledge related to food and medicinal crops.
Reason: Multinational companies and industrialized nations are frequently involved in biopiracy.