Which of the following is an incorrect statement regarding the ethical issues and regulations in biotechnology?
- AGEAC (Genetic Engineering Approval Committee) is responsible for assessing the safety of GM food products.
- BBiopiracy involves the use of bio-resources by multinational companies without proper authorization.
- CIndian Parliament has recently cleared the second amendment of the Indian Patents Bill, making patent terms longer.
- DThe ethical standards for evaluating the morality of all human activities, including genetic modification, are necessary.
✓ Correct answer: C
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