Tag: biotechnology and its applications

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. Thus option A is the correct answer.

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. 

Answer is option A i.e. "British University of Portsmouth"
Thailand's Ministry of Science says that  Portsmouth University is guilty of "biopiracy" because it failed to return the 200 specimens of fungi which could provide a cure for cancer and were collected by Portsmouth University staff on a research trip to Thailand. Biopiracy is unethical,unlawful or commercial exploitation of biological materials that are native to a particular country.

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. Thus option D is the correct answer.

Piracy is the unauthorized claim of copyrighted content or product or resources. It affects the economy of that country. If there is an unauthorized claim of novelty or patent and invention is called intellectual piracy.