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Question: Use of bioresources by multinational companies and organizations without authorization from the conc...

Use of bioresources by multinational companies and organizations without authorization from the concerned country and its people is called.
A.Biodegradation
B.Bio infringement
C.Bio exploitation
D.Biopiracy.

Explanation

Solution

Bioresources of an area are the most important wealth and the people of that area or country are the ones who are authorized to use it. Some multinational companies use them without proper authorization which leads to violation of laws.

Complete answer:
We know that bioresources are more in poor developing countries than that in developed countries. Because of this, multinational companies from developed countries try to exploit the bioresources of these areas. This exploitation of biological resources without proper authorization from the concerned country or people is called biopiracy.
Multinational companies use traditional knowledge related to bioresources for developing modern technologies and applications. They make huge profits from this end that are not often shared with poor countries.
Basmati rice was grown in India for thousands of years and is actually a bioresource of our country. But an American company tried to earn patents from the united states patent and trademark office to sell basmati rice in other countries. They made slight modifications in the rice by crossing the plant with semi-dwarf varieties and claimed the sole ownership of the product. This is an example of biopiracy.
Hence the correct option is D.

Note: We know that there are several laws made by the Indian parliament in order to put an end to these biopiracy issues. Indian patent bill has cleared its second amendment and it helps to restrict the exploitation of bioresources in any manner without proper authorization.