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

Given below are two statements:
Statement $I$: The Indian Government has set up $\text{GEAC}$ which will make decisions regarding the validity of $\text{GM}$ research.
Statement $II$: Biopiracy is the term used to refer to the use of bio-resources by native people.
In the light of the above statements,choose the correct answer from the options given below:

$A$ monopoly granted to a person who has either invented a new and useful article,made improvement in an existing article,or invented a new process of making an article is called:

Give information about Bio-patent.

Petroleum-lysing bacteria are being engineered for the removal of oil spills. What is the most realistic danger of these bacteria to the environment?

While creating genetically modified organisms,genetic barriers are not respected. How can this be dangerous in the long run?