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Free download in PDF WTO Objective Type Questions and Answers for competitive exams. These short objective type questions with answers are very important for Board exams as well as competitive exams. These short solved questions or quizzes are provided by Gkseries.
(21)
GATT was originally signed by how many countries including the USA?
[A]
22
[B]
20
[C]
23
[D]
25
(22)
CAT instituted in
[A]
1981
[B]
1983
[C]
1987
[D]
None of these
(23)
How many countries have joined WTO?
[A]
50
[B]
100
[C]
150
[D]
None of these
(24)
WTO released its 2015 Annual Report on 30th September 2015 according to which global trade will grow by what percentage in 2015?
[A]
2.8
[B]
2.6
[C]
2.7
[D]
2.5
(25)
India is set to pitch for a strong TFA in services at WTO. What does TFA stand for?
[A]
Trade Facilitation Agreement
[B]
Trade Formation Agreement
[C]
Trading Formation Agreement
[D]
Trading Facilitation Agreement
Answer: Trade Facilitation Agreement
(26)
Cabinet has approved India’s stand on what at the WTO?
[A]
Food security
[B]
Water security
[C]
Both of the above
[D]
None of the above
(27)
India is set to withdraw MFN status to which country?
[A]
Pakistan
[B]
Afghanistan
[C]
Bangladesh
[D]
All of them
(28)
Where is the headquarter of the WTO?
[A]
New York
[B]
Washington DC
[C]
Geneva
[D]
Austria
(29)
Which of the following country is not the member of the WTO?
[A]
Iran
[B]
Azerbaijan
[C]
Belarus
[D]
None of these
(30)
Which of the following body is not related to the WTO?
[A]
Dispute Settlement Body
[B]
Trade Policy Review Body
[C]
Council of trade in goods
[D]
Exchange Rate Management Body
Answer: Exchange Rate Management Body
31
Which of the following institution is associated with Dunkel Proposals?
[A]
World Bank
[B]
International Monetary Fund
[C]
World Trade Organization
[D]
None of these
Answer: World Trade Organization
32
Who has been appointed India's permanent WTO ambassador?
[A]
JS Deepak
[B]
TS Deepak
[C]
BS Deepak
[D]
None of the above
33
When did World Trade Organisation come into effect?
[A]
February 5, 1994
[B]
January 1, 1995
[C]
March 6, 1996
[D]
April 8, 1994
34
When did Pakistan join the WTO?
[A]
January 1, 1995
[B]
February 1, 1995
[C]
January 1, 2001
[D]
Pakistan is not a member
35
Which of the following statement is not true about the WTO?
[A]
WTO is a permanent organisation
[B]
Uruguay round gave the birth to the WTO
[C]
Ministerial Conference is the highest policy making body of the WTO
[D]
WTO was officially constituted on 1 January 1991
Answer: WTO was officially constituted on 1 January 1991
36
Which of the followings are called Brettonwoods Twins?
[A]
IMF & International Bank for Reconstruction and Development (IBRD)
[B]
IMF & World Trade Organisation
[C]
IBRD & World Trade Organisation
[D]
None of the above
Answer: IMF & International Bank for Reconstruction and Development (IBRD)
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