Environment & Ecology · Biodiversity Conservation
With reference to the Access and Benefit Sharing (ABS) mechanism under the Biological Diversity Act, consider the following statements: 1. ABS ensures monetary benefits to local communities from the commercial utilization of biological resources. 2. Red Sanders is listed under Appendix I of CITES. 3. ABS disbursements can exceed the actual market value of the biological resource supplied. 4. State Biodiversity Boards act as implementing agencies for ABS benefit transfer. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 and 2 only
- 21, 3 and 4 only✓
- 32 and 4 only
- 41, 2, 3 and 4
Correct answer
1, 3 and 4 only
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