WTO quiz | WTO Objective Type Questions and Answers

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Questions
21 GATT was originally signed by how many countries including the USA?
A 22
B 20
C 23
D 25

Answer: 23
22 CAT instituted in
A 1981
B 1983
C 1987
D None of these

Answer: 1987
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23 How many countries have joined WTO?
A 50
B 100
C 150
D None of these

Answer: 150
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

Answer: 2.8
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

Answer: Food security
27 India is set to withdraw MFN status to which country?
A Pakistan
B Afghanistan
C Bangladesh
D All of them

Answer: Pakistan
28 Where is the headquarter of the WTO?
A New York
B Washington DC
C Geneva
D Austria

Answer: Geneva
29 Which of the following country is not the member of the WTO?
A Iran
B Azerbaijan
C Belarus
D None of these

Answer: 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

Answer: JS Deepak
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

Answer: January 1, 1995
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

Answer: January 1, 1995
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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