Question:

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

Updated On: Jul 7, 2022
  • Biopiracy Act
  • Indian Patents Bill
  • ETI Act
  • Negotiable instruments Act
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The Correct Option is B

Solution and Explanation

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.
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Notes on Applications of Biotechnology

Concepts Used:

Applications of Biotechnology

Biotechnology is the technology that utilizes biological systems, living organisms, or parts of this to develop or create different products.

For example, brewing and baking bread fall within the concept of biotechnology (use of yeast (= living organism) to produce the desired product).

Agriculture

Alternative to conventional farming: A possible solution is the use of genetically modified crops which is an alternative path to conventional farming.

Medicine 

In the area of healthcare, recombinant DNA technological processes have made an immense impact which enables the mass production of safe and more effective therapeutic drugs.

Gene Therapy 

A collection of methods that allows the correction of a gene defect that has been diagnosed in a child/embryo is called Gene Therapy.

CRISPR technology

For editing genomes, CRISPR is a simple yet powerful tool which allows researchers to easily alter DNA sequences and modify gene function.