Use of bioresources by multinational companies and organisations without authorisation from the concerned country and its people is called
Biodegradation
Biopiracy
Bio-infringement
Bioexploitation
As we learnt in
Biopiracy -
Use of bioresources by multi-national companies and other organisation without proper authorization from the countries and people concerned without compensatary payment.
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Biopiracy is term used for or refer to the use of bioresources by multinational companies and other organisation without proper authorisation from the countries and people concerned with compensatory payment.
Option 1)
Biodegradation
This is incorrect.
Option 2)
Biopiracy
This is correct.
Option 3)
Bio-infringement
This is incorrect.
Option 4)
Bioexploitation
This is incorrect.