Practicing Success

Target Exam

CUET

Subject

Political Science

Chapter

Contemporary World Politics: International Organisations

Question:

Which organisation came into existence in 1995 as an extension of General Agreement on Trade and Tarrif.

Options:

IMF

World Bank

WTO

EEC

Correct Answer:

WTO

Explanation:

The correct answer is option (3) - WTO

The World Trade Organisation (WTO) is an international organisation which sets the rules for global trade. This organisation was set up in 1995 as the successor to the General Agreement on Trade and Tariffs (GATT) created after the Second World War.