Question

The use of bioresources by multinational companies and organizations without authorization from the concerned country and its people is called

• A. Biopiracy
• B. Bioexploitation
• C. Biodegradation
• D. Bioinfringement

Answer 1

The correct option is A

Biopiracy

The correct option is A.

Explanation of the correct option:

Option A:

1. Natural resources are being increasingly exploited on a global scale.
2. One of the most significant environmental issues of our time is bio-piracy. Bio-piracy is the practice of economically utilizing naturally occurring substances or genes, particularly by obtaining patents that restrict their future usage, without adequately compensating the community from which they originate. leaving.
3. Today, bio-piracy has harmed many tropical regions of the world. The remaining 90 percent of the world's biodiversity is primarily found in tropical and subtropical nations.
4. Tropical indigenous populations did not apply their traditional knowledge for profit. As a result, they were able to preserve their traditional wisdom over the years without any harm. However, knowledge is currently the source of the most valuable assets on the financial market, coming from biological and related sources.
5. Environmental crime has emerged as one of the most significant environmental issues in the world, despite the fact that there are numerous legal frameworks both locally and globally to safeguard the environment. The loss of rights by the country of origin is the result of people, foreign institutions, or businesses acquiring special advantages of individual sovereignty over the biodiversity of one nation.
6. Here are a few of the goals of natural crime: new plant species introduction, new creatures introduced, pharmaceutical manufacturing, and private confidentiality of traditional knowledge.

Explanation of the incorrect options:

Option B:

1. The term "bio-exploitation" refers to the unauthorized use of another country's biological resources.

Option C:

1. Under typical environmental circumstances, biodegradation is the process by which materials are broken down into environmentally friendly byproducts like water, carbon dioxide, and biomass.

Option D:

1. The performance of an illegal act with regard to a patented innovation without the patent owner's consent is known as bioinfringement.

Final answer: The use of bioresources by multinational companies and organizations without authorization from the concerned country and its people is called biopiracy.