The term 'Biopiracy' refers to:
Answer and explanation
Correct answer: B. Unauthorized commercial exploitation of bioresources and indigenous knowledge without benefit-sharing
- Step 1: Developing and indigenous nations possess immense biological biodiversity and centuries of traditional ethno-botanical knowledge.
- Step 2: Biopiracy occurs when multinational corporations or institutions in industrialized nations isolate, patent, and commercially monopolize these native bio-resources without permission from or compensation to the country of origin.
- Step 3: A classic example was the controversial patent granted in 1997 by the US Patent and Trademark Office to RiceTec for 'Basmati rice lines and grains', which was challenged and successfully overturned by India.
Answer
The unauthorized commercial exploitation and patenting of biological resources and traditional indigenous knowledge without proper authorization or compensatory benefit-sharing.
Why not the others: Poaching animal skins is wildlife trafficking; Releasing bioweapons is bioterrorism/biological warfare; Software piracy is intellectual property theft unrelated to biological resources.
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