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Plato

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What is London Interbank Offered Rate (LIBOR)?

London Interbank Offered Rate (LIBOR) is an interest rate at which banks can borrow funds from other banks in the London interbank market. One of the world’s most widely used benchmarks for short-term interest rates, LIBOR rates were first used in financial markets in 1986. From then on LIBOR has been growing in stature and today it is the key reference rate for financial products worth about $350 trillion. Small changes in the LIBOR can cause ripples in the money market.LIBOR is fixed on a dail ...

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Genetically Modified Food or Crops

Genetic ModificationGenetic modification refers to techniques used to manipulate the genetic composition of an organism by adding specific useful genes. A gene is a sequence of DNA that contains information that determines a particular characteristic/trait. All organisms have DNA (genes). Genes are located in chromosomes. Genes are units of inheritance that are passed from one generation to the next and provide instructions for development and function of the organism. Crops that are developed t ...

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Career Scope in Print Media

Print media are lightweight, portable, disposable publications printed on paper and circulated as physical copies in forms we call books, newspapers, magazines and newsletters. They hold informative and entertaining content that is of general or special interest. They are published either once or daily, weekly, biweekly, monthly, bimonthly or quarterly.Print Media is the oldest form of media. But even today it is growing from strength to strength. Around 4000 small, medium and large newspapers a ...

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15th Prime Minister of India and his Cabinet Minister

Shri Narendra Damodar Das Modi has been taken oath as 15th Prime Minister of India along with his cabinet minister & minister of state.Cabinet Ministers Minister's Name - PortfolioMr. Narendra Damodar Das Modi - Prime Minister of India, Personnel, Public Grievances and Pensions, Department of Atomic Energy Department of Space, All important policy issues and all other portfolios not allocated to any Minister.Mr. Rajnath Singh - Home MinisterMr. Arun Jaitley - Finance, Corporate Affairs and ...

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Employment News

Oil and Natural Gas Corporation Limited (ONGC) is looking for promising, energetic and young Indian Citizen with bright academic record to join the organization as class-I executives (at E-1 level) in the Engineering and Geo Science disciplines ......