Correct option is C
The National Biodiversity Authority (NBA) with its headquarters in Chennai, was established in 2003 to implement India’s Biological Diversity Act (2002).
The Act covers conservation, use of biological resources and associated knowledge. It provides a framework for access to biological resources and sharing the benefits arising out of such access and use.
The Act also includes in its ambit the transfer of research results and application for Intellectual Property Right (IPR) relating to Indian biological resources.
The Genetic Engineering Appraisal committee (GEAC) functioning under Ministry of Environment, Forest and Climate Change is responsible for monitoring and supervising scientific research on genetic modification of crop plants and other organisms.