Significance of GMO in bio-technology field

Explain what GMO stands for and specify the significance it will have in the bio-technology field?

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This is somewhat a technical question, applicant must have studied well within this field in order to answer this question, GMO stands for the genetically modified organism where in two different genetics and molecule is used and combined in order to form one new genetic organism. This is generally done by utilizing the techniques of the genetic engineering.

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