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Which of the following statements is/are correct about Biological Diversity Act, 2002?
1. This act was brought to realize the objectives of Bonn Convention.
2. It aims at fair and equitable sharing of benefits arising out of the utilization of genetic resources.
3. This act establishes two-tier structure at National & State level only to regulate access to the biological resources.
Select the correct answer using the code given below:
  • a)
    1 and 2 only
  • b)
    2 only
  • c)
    3 only
  • d)
    1, 2 and 3
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Which of the following statements is/are correct about Biological Dive...
• Statement 1 is incorrect: Biological Diversity Act, 2002 was brought to realize the objective of Convention on Biological Diversity.
• Statement 3 is incorrect: The act establishes three tier structures at national, state and local level. 
Biological Diversity Act, 2002:
• The Biological Diversity Act, 2002 is an Act of the Parliament of India for preservation of biological diversity in India, and provides mechanism for equitablesharing of benefits arising out of the use of traditional biological resources and knowledge. The Act was enacted to meet the obligations under Convention on Biological Diversity (CBD), to which India is a party.
• The National Biodiversity Authority (NBA) is a statutory autonomous body, headquartered in Chennai, under the Ministry of Environment and Forests, Government of India established in 2003 to implement the provisions under the Act. State Biodiversity Boards (SBB) has been created in 28 States along with 31,574 Biological management committees (for each local body) across India.
•  Functions include:
1. Regulation of acts prohibited under the Act
2. Advise the Government on conservation of biodiversity
3. Advise the Government on selection of biological heritage sites
4. Take appropriate steps to oppose grant of intellectual property rights in foreign countries, arising from the use of biological resources or associated traditional knowledge
• Objectives are:
1. Fair and equitable sharing of benefits arising out of the utilization of genetic resources.
2. Biological diversity conservation.
3. Sustainable use of its components.
• Biological Diversity Act, 2002 was brought to realize the objective of Convention on Biological Diversity.
• The act establishes three tier structures at national, state and local level. 
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Which of the following statements is/are correct about Biological Diversity Act, 2002?1. This act was brought to realize the objectives of Bonn Convention.2. It aims at fair and equitable sharing of benefits arising out of the utilization of genetic resources.3. This act establishes two-tier structure at National & State level only to regulate access to the biological resources.Select the correct answer using the code given below:a)1 and 2 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?
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Which of the following statements is/are correct about Biological Diversity Act, 2002?1. This act was brought to realize the objectives of Bonn Convention.2. It aims at fair and equitable sharing of benefits arising out of the utilization of genetic resources.3. This act establishes two-tier structure at National & State level only to regulate access to the biological resources.Select the correct answer using the code given below:a)1 and 2 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following statements is/are correct about Biological Diversity Act, 2002?1. This act was brought to realize the objectives of Bonn Convention.2. It aims at fair and equitable sharing of benefits arising out of the utilization of genetic resources.3. This act establishes two-tier structure at National & State level only to regulate access to the biological resources.Select the correct answer using the code given below:a)1 and 2 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements is/are correct about Biological Diversity Act, 2002?1. This act was brought to realize the objectives of Bonn Convention.2. It aims at fair and equitable sharing of benefits arising out of the utilization of genetic resources.3. This act establishes two-tier structure at National & State level only to regulate access to the biological resources.Select the correct answer using the code given below:a)1 and 2 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.
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