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

Biopiracy act

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Indian Patents Bill

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ETI act

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Negotiable instruments act

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Solution

The correct option is B Indian Patents Bill
The Patent Bill of 2000 deals with the amendments done in the Patents Act of 1970. The Indian Parliament has cleared the second amendment unauthorized exploitation of bio-resources. It also involves patent terms, emergency provisions, and research and development initiative.

So, the correct answer is 'Indian Patents Bill'.

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