Question

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

• A. Biodegradation
• B. Biopiracy
• C. Bio-infringement
• D. Bio Exploitation

Answer 1

The correct option is B

Biopiracy

The correct option is B.

Explanation for the correct option:

1. The unauthorized commercial exploitation of naturally occurring biochemicals or genetic materials is known as biopiracy.
2. It is being carried out by many organisations and multinational companies by posing that components of bioresources are products of their research.

Explanations for the incorrect options:

Option A:

1. The decomposition of organic material by bacteria and fungi is known as biodegradation.
2. It differs from composting in that it is typically thought to be a natural process.
3. Biodegradation takes place during the human-driven process of composting under a certain set of conditions.

Option C:

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

Option D:

1. The term "bio-exploitation" refers to the unauthorized use of another country's biological resources.
2. Utilizing natural resources for economic gain is known as "exploitation," which occasionally carries a negative connotation of resulting in environmental deterioration.

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