Question

Which steps have been taken by the Government of India to cater to the requirement of patent terms and other emergency provisions in this regard?
A. Biopiracy act
B. Indian Patents Bill
C. ETI act
D. Negotiable instruments act

Answer 1

Hint: It is an amendment that prevents the use of a particular object invented by a person by another person. It can be categorized into three types; utility, design and plant. It can be filed either by the true and first inventor or his assignee, either alone or jointly with any other person.

Complete answer:
To cater to the necessity of patent terms and other emergency provisions, the government has passed the ‘Indian Patent Bill’. The term of every patent filed in India is 20 years from the date of filing the application. In case of applications filed under the Patent Cooperation Treaty (PCT), the term of 20 years begins from the international filing date.

The Indian Patent Bill of 2000 deals with an amendment to the 1970 Patents Act. The Second Amendment cleared the Indian Parliament of illegal extraction of bio-resources. Patent terminology, emergency clauses, and research and development programmes are also included. Biopiracy is defined as the unethical or unlawful appropriation or commercial exploitation of biological materials. According to the Biopiracy Act, companies are given free access to biological resources within the country for research purposes by Indian citizens but are prohibited from passing findings to foreign organizations without the approval.

So, the correct answer is option B.

Note: ETI act and NI act are not directly involved with the world of Biology. The Negotiable Instrument (NI) Act came into being to establish and amend the legislation on promissory notes, trade bills and cheques. The ETI act is related to employment taxes.