How much fresh Access and Benefit-Sharing money did the National Biodiversity Authority sanction to State boards and UT councils?
- A.₹8.23 crore
- B.₹82.3 crore
- C.₹200 crore
- D.₹23.8 crore
Show answer
Correct answer: A. ₹8.23 crore
Explanation
The correct answer is ₹8.23 crore. The release records that the Authority sanctioned that amount in ABS proceeds to 27 State Biodiversity Boards and 5 Union Territory Biodiversity Councils, arising from access to biological resources of four vegetable crops. Option C is the classic trap in this item, because ₹200 crore is also in the release, but it is the cumulative figure: the Authority's total ABS disbursement since the framework began has now crossed ₹200 crore, and the ₹8.23 crore is only the latest instalment inside that total. Options B and D simply move the decimal point or reverse the digits, a favourite trick of paper setters with money figures. Keep the pair together while revising: ₹200 crore cumulative, ₹8.23 crore in this round. Remember also that the money came from three seed companies which had accessed bitter gourd, okra, chilli and onion resources for research and commercial use.