The use of bioresources by multinational companies and other organizations without proper authorization from the countries and people concerned without compensatory payment is called:

Petroleum-lysing bacteria are being engineered for the removal of oil spills. What is the most realistic danger of these bacteria to the environment?

Which step has been taken by the Government of India to cater to the requirements of patent terms and other emergency provisions in this regard?

............. is the term used to refer to the use of bio-resources by multinational companies and other organizations without proper authorization from the countries and people concerned,and without compensatory payment.

The aims and objectives of the Genetic Engineering Approval Committee $(GEAC)$ are:
$I$. To permit the use of genetically modified organisms and their products for commercial applications.
$II$. To adopt the procedures for restriction,production,and application of $GM$ organisms.
$III$. Approval to conduct large-scale field trials and release of transgenic crops into the environment.
Which of the statements given above are correct?

$A$ : Indian Government has set up organizations such as $GEAC$ (Genetic Engineering Appraisal Committee),which make decisions regarding the validity of $GM$ research and the safety of introducing $GM$ organisms for public services.
$R$ : Genetic modification of organisms can have unpredictable results when such organisms are introduced into the ecosystem.