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    Question

    What is biopiracy?

    A.

    it refers to the use of chemical resources by multinational companies and other organisations without proper authorisation from the countries and people concerned without compensatory payment

    B.

    it refers to the use of bioresources by multinational companies and other organisations without proper authorisation from the countries and people concerned without compensatory payment

    C.

    it refers to the use of plant resources by multinational companies and other organisations without proper authorisation from the countries and people concerned without compensatory payment

    D.

    it refers to the use of conventional resources by multinational companies and other organisations without proper authorisation from the countries and people concerned without compensatory payment

    Correct option is B

    traditional knowledge related to bio resources can be exploited to develop modern applications and can also be used to save time, effort and expenditure during commercialization.

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