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(D) Biopiracy refers to the unauthorized use of bio-resources and traditional knowledge by multinational companies and other organizations without pro

Vedclass · Accepted Answer

$I, II$ and $III$

Vedclass · Answer

(D) Biopiracy refers to the unauthorized use of bio-resources and traditional knowledge by multinational companies and other organizations without proper authorization from the countries and people concerned,and without making compensatory payments.Statement $(I)$ correctly defines the core concept of biopiracy.Statement $(II)$ describes a consequence or a target of biopiracy,where traditional knowledge is exploited for commercial gain.Statement $(III)$ describes the global response to biopiracy,where nations are enacting laws to prevent such unauthorized exploitation.Since all three statements describe aspects related to the definition,impact,and prevention of biopiracy,the correct option is $I, II$ and $III$.

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