Which of the following is the correct option for biopiracy?
$(I)$ Use of bio-resources by multinational companies and organizations without proper authorization from the country and people concerned,and without compensatory payment.
$(II)$ Traditional knowledge related to bio-resources can be exploited.
$(III)$ Nations are developing laws to prevent the unauthorized exploitation of their bio-resources.

  • A
    Only $I$
  • B
    Only $I$ and $II$
  • C
    Only $II$ and $III$
  • D
    $I, II$ and $III$

Explore More

Similar Questions

What is $GEAC$? Give its function.

Rules of conduct that may be used to regulate our activities in relation to the biological world is called

Which one of the following Indian institutions successfully challenged and got the $U$.$S$. patent on the medicinal properties of haldi (turmeric) cancelled?

Which of the following is/are true?
$I$. Biowar is the use of biological weapons against humans and/or their crops and animals.
$II$. Bioethics is the unauthorized use of bioresources and traditional knowledge related to bioresources for commercial benefits.
$III$. Biopatent is exploitation of bioresources of other nations without proper authorization.

The exploitation of bioresources by multinational companies and other organizations without proper authorization from the concerned country and its people,or without compensatory payment,is known as .......

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo