Which of the following best describes biopiracy ........

Environment and Ecology Biodiversity

Which of the following best describes biopiracy?

It is the practice of trafficking both human beings and animals to subject them to experimentation of new drugs and vaccines

(b) It refers to the creation of microbes using artificial techniques with a conscious intent to spread terror.

It refers to the cruel treatment meted out to wild animals in the entertainment industry.

It is defined as a situation where indigenous knowledge of nature, originating with indigenous people, is used by others for profit without their permission.

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Explanation:

Bio-piracy refers to the illegal collection and patenting of the biological materials originally belonging to some other community, state or nation. In other words, biopiracy is defined as a situation where indigenous knowledge of nature, originating with indigenous people, is used by others for profit, without permission from and with little or no compensation or recognition to the indigenous people themselves.
Bio-piracy relates to:
illegal unauthorised use of biological material like plants, animals or their products,
illegal and unauthorised use of traditional knowledge of some other society or community about the application of certain biological products,
unlawful sharing in the benefits by the patent holder and deprivation of indigenous communities or people who are the real owner of the biological material/knowledge used for making benefits.
Developed countries are exploiting developing countries genetic resources and indigenous communities traditional knowledge in the name of patents on the inventions derived from those genetic resources.