Which of the following risks is associated with the consumption of transgenic food?

Explain Biopiracy.

Which Indian Patent Bill has been passed by the Indian Parliament regarding the regulation of biological resources and associated knowledge?

$A$ : Indian Government has set up organizations such as $GEAC$ (Genetic Engineering Appraisal Committee),which make decisions regarding the validity of $GM$ research and the safety of introducing $GM$ organisms for public services.
$R$ : Genetic modification of organisms can have unpredictable results when such organisms are introduced into the ecosystem.

$A$ monopoly granted to a person who has either invented a new and useful article,made improvement in an existing article,or invented a new process of making an article is called:

Which of the following is the correct option for biopiracy?
$(I)$ Use of bio-resources by multinational companies and organizations without proper authorization from the country and people concerned,and without compensatory payment.
$(II)$ Traditional knowledge related to bio-resources can be exploited.
$(III)$ Nations are developing laws to prevent the unauthorized exploitation of their bio-resources.