UPSC Civil Services 2020 Prelims General Studies Paper II

With reference to the above passage, the following assumptions have been made:
1. Biotechnology regulation is an evolving process.
2. Participation of people is needed in policy decisions regarding biotechnology regulation.
3. Biotechnology regulation should take into account socio-economic aspects in decision-making.
4. Wider involvement of political executive in biotechnology regulation improves its effectiveness in dealing with the country's trade Policies and international obligations.

Which of the above assumptions are valid?