Exploring molecular, genetic and species-level diversity for products of economic importance is called
Use of bioresources by multinational companies and organisations without authorisation from the concerned country and its people is called (NEET 2018)
Correct answer: C — Bioprospecting
Bioprospecting refers to exploring molecular, genetic and species-level diversity to identify products of economic importance such as drugs, dyes and bioactive molecules.
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.
Biopiracy refers to unauthorized commercial use of biological resources (plants, animals, microorganisms, genetic material) from one country by companies or organizations from another country without permission or compensation to the source country or its people. NTA tests whether students can distinguish biopiracy from legitimate bioprospecting or research. Common mistake: students confuse biopiracy with simple biodiversity loss or think it only applies to animals. Key point: biopiracy specifically involves UNAUTHORIZED access WITHOUT compensation—the absence of both permission and payment are crucial. Remember: it's about exploitation of bio-resources for profit without benefiting the country of origin, making it a bioethical and legal issue tested frequently in biotechnology applications.
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