Both the statements are correct.
National IPR Policy 2016 aims to promote a holistic and conducive ecosystem to catalyse the full potential of intellectual property for India’s economic growth and socio-cultural development, while protecting public interest.
Department of industrial policy and promotion (DIPP) is the nodal agency for all IPR issues and the policy will be renewed every five years in consultation with all the stakeholders.
The policy will also suggest incentives such as tax benefits and fee waivers to encourage R&D and IP creation to strengthen the Make In India/Start-up/Digital India initiatives.

The Basel Convention on the Control of Trans-boundary Movements of Hazardous Wastes and their Disposal was adopted on 22 March 1989 by the Conference of Plenipotentiaries in Basel, Switzerland. The convention entered into force in 1992.

Statement 1 is incorrect while statement 2 is correct.
The Gravity Recovery and Climate Experiment, or GRACE is a joint mission under NASA & German Aerospace Centre.
Among its innovations, GRACE has monitored the loss of ice mass from Earth’s ice sheets, improved understanding of the processes responsible for sea level rise and ocean circulation, provided insights into where global groundwater resources may be shrinking or growing and where dry soils are contributing to drought, and monitored changes in the solid Earth.

Following countries border Rwanda:
• Burundi
• Tanzania
• Uganda

Both the statements are correct.
To qualify as a biodiversity hotspot, a region must meet two strict criteria:
• It must have at least 1,500 vascular plants as endemics — which is to say, it must have a high percentage of plant life found nowhere else on the planet. A hotspot, in other words, is irreplaceable.
• It must have 30% or less of its original natural vegetation. In other words, it must be threatened.