Both statements are corrects. GEAC was set up by the ministry of environment and forests to regulate research, testing and commercial release of GM crops, food and organisms The aim and objectives of GEAC are (i) to permit the use of GM organisms and their products for the commercial applications (ii) to adopt the procedures for restriction, production a scale, import, export and application of GM organisms (iii) approval to conduct a large scale field trails and release of transgenic crops in the environment (iv) to authorise agencies or persons to have large scale production and the release of GM organisms into the environment or curb and take punitive action against them