Use of bio-resources without proper authorization from the concerned countries is termed as:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Biopiracy
Option (3) Biopiracy — Correct. Biopiracy is the use of bio-resources (such as plants used in traditional medicine) by multinational companies and other organisations without proper authorisation from the countries and people concerned and without compensatory payment. Basmati rice and turmeric are cases NCERT discusses.
NCERT Extract:
Biopiracy – “Biopiracy is the term used to refer to the use of bio-resources by multinational companies and other organisations without proper authorisation from the countries and people concerned without compensatory payment.”