Given below are two statements: Statement I : Biopiracy causes financial loss to local…
Biology · NEET · NTA Exams — Biotechnology and its Applications
Given below are two statements:
Statement I: Biopiracy causes financial loss to local community from where the crop actually originated.
Statement II: Biopiracy is caused by wrong patenting of crop by foreign MNC.
In the light of the above statements, choose the correct answer from the options given below:
- Statement I is correct but Statement II is incorrect
- Statement I is incorrect but Statement II is correct
- Both Statement I and Statement II are correct
- Both Statement I and Statement II are incorrect
Answer
(C) Both Statement I and Statement II are correct
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