When did India adopt its Biological Diversity Act?

Correct option is A

The correct answer is (a)  2002

Explanation:

• India adopted the Biological Diversity Act in 2002 to conserve biodiversity, ensure its sustainable use, and promote fair and equitable sharing of benefits arising from biological resources.
• The Act was enacted in response to India's commitment to the Convention on Biological Diversity (CBD), 1992.
• It provides for the regulation of access to biological resources and traditional knowledge while ensuring the rights of local communities.

Information Booster:

Key Features of the Biological Diversity Act, 2002:

1. National Biodiversity Authority (NBA): Established to regulate access to biological resources and ensure fair benefit-sharing.
2. State Biodiversity Boards (SBBs): Implement biodiversity conservation at the state level.
3. Biodiversity Management Committees (BMCs): Formed at the local level to document biodiversity and associated traditional knowledge.
4. Regulation on Foreign Entities: Foreign individuals and organizations require approval from the NBA before accessing India's biological resources.
5. Punishments for Violations: The Act includes penalties for unauthorized access and misuse of biodiversity resources.