Exploitation of bioresources of a nation by multinational companies without authorization from the concerned country is referred to as

Which of the following risks is associated with the consumption of transgenic food?

Why has the Indian Parliament cleared the second amendment of the country's patents bill?

Use of bioresources by multinational companies and organisations without authorisation from the concerned country and its people is called

Explain Biopiracy.

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?