Question

Which of the following is true about biopatent?

• A. It allows private monoply rights over plants and animals.
• B. People will not research in areas dominated by patents.
• C. The arguments in favour of biopatents are primarily to increase economic growth.
• D. All of the above.

Answer 1

Answer: (D)

All of the above.

D. All of the above

solution : Biopatent is a patent related to any invention in biological field.It can be achieved through gaining individual rights or as a whole group or country rights. biopatent can be applied on both plants and organisms(animals).Through biopatent profit gets increased and it provides more incentives to the patent holder and thus increases economic growth for a specific time period.

so the correct answer is option D.