Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:
Which of the following organisation preceded World Trade Organisation (WTO)?
Options:
International Monetary Fund (IMF)
International Bank for Reconstruction and Development (IBRD)
General Agreement on Trade and Tariff (GATT)
World Bank
Correct Answer:
General Agreement on Trade and Tariff (GATT)
Explanation:
The WTO was founded in 1995 as the successor organisation to the General Agreement on Trade and Tariff (GATT).