Define/Explain: Patent.

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:

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

............. is the term used to refer to the use of bio-resources by multinational companies and other organizations without proper authorization from the countries and people concerned,and without compensatory payment.

Which body of the Government of India regulates $GM$ research and safety of introducing $GM$ organisms for public services?

Why has the Indian Parliament cleared the second amendment of the country's patents bill?