Question

Exploration of molecular, genetic and species level diversity for gaining products of economic importance is called ______.

Options

• Exploitation

• Bio-prospecting

• Bio-patenting

• Bio-piracy

Answer 1

Exploration of molecular, genetic and species level diversity for gaining products of economic importance is called Bio-prospecting.

Explanation:

• Bioprospecting is the systematic exploration of molecular, genetic and species-level biological diversity to find organisms, genes or natural compounds that can be developed into commercially useful products (drugs, enzymes, agrichemicals, etc.). 
• It involves collecting, screening and researching biological material, followed by R&D and potential commercialisation under access-and-benefit-sharing arrangements.
• This differs from biopiracy and bio-patenting.