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

Options

A. Biopiracy act
B. Indian patents bill
C. RTI act
D. Negotiable instruments act

Answer

**Step-by-Step Solution:**

1. **Understanding the Question**: The question asks about the actions taken by the Government of India concerning patent terms and emergency provisions.

2. **Identifying the Options**: The options provided are:
- Biopiracy Act
- Indian Patents Bill
- RTI Act
- Negotiable Instruments Act

3. **Analyzing Each Option**:
- **Biopiracy Act**: This relates to the unauthorized exploitation of bioresources. While it is relevant to patents, it does not directly address patent terms or emergency provisions.
- **Indian Patents Bill**: This bill includes amendments to the Patents Act of 1970, which covers patent terms, emergency provisions, and initiatives for research and development. This option seems to directly address the question.
- **RTI Act**: The Right to Information Act of 2005 pertains to citizens' rights to access information and does not relate to patents.
- **Negotiable Instruments Act**: This act deals with financial instruments like promissory notes and cheques, which is unrelated to patents.

4. **Selecting the Correct Answer**: Based on the analysis, the Indian Patents Bill is the most relevant option as it specifically addresses patent terms and emergency provisions.

5. **Conclusion**: The correct answer to the question is the **Indian Patents Bill**.

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