NBA releases Rs 6.67 crore under Access and Benefit Sharing Mechanism for Biodiversity Conservation and Livelihood Support in 11 cotton-growing States

With reference to the recent development "NBA releases Rs 6.67 crore under Access and Benefit Sharing Mechanism for Biodiversity Co…", which one of the following statements is correct?

• A.The disbursement demonstrates how benefits derived from the commercial utilisation of biological resources are being reinvested in biodiversity conservation and community welfare under the Biological Diversity Act.
• B.Prime Minister Narendra Modi congratulated the Indian team for their outstanding performance at the 37th International Biology Olympiad.
• C.Addressing the gathering, Union Home Minister Shri Amit Shah said that today is a momentous day for the languages and culture of the entire nation.
• D.Kinjarapu Ram Mohan Naidu as the Chief Guest and distinguished guests Sh.

The disbursement demonstrates how benefits derived from the commercial utilisation of biological resources are being reinvested in biodiversity conservation and community welfare under the Biological Diversity Act. Source: PIB, 22 July 2026 — https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2287985