Explanation:

- The Biotechnology Industry Research Assistance Council (BIRAC) aims to:

- Foster innovations and entrepreneurship in the biotechnology sector.

- Promote affordable innovations targeting key social sectors like healthcare and agriculture.

- Empower startups and small and medium enterprises (SMEs) by providing support and funding to drive their growth.

- Encourage young investigators through programs designed to support entrepreneurial and managerial development in biotechnology SMEs.

- Option 1 includes statements 1, 2, and 3; option 2 includes statements 1 and 4; option 3 includes statements 2, 3, and 4.

- Option 4 covers all statements: 1, 2, 3, and 4.

- Option 4 is the correct choice, as it encompasses all major objectives of BIRAC.

“”