Question : GATT was established in 1948 with ______ countries as the global trade organisation to administer all multilateral trade agreements by providing equal opportunities to all countries in the international market for trading purposes.
Option 1: 29
Option 2: 23
Option 3: 35
Option 4: 28
Correct Answer: 23
Solution : The correct answer is 23.
Established in 1948, the General Agreement on Tariffs and Trade (GATT) was formed by 23 nations as a global trade organization. It aimed to administer multilateral trade agreements, foster fair trade practices and reduce trade barriers, providing a framework to encourage open and free trade among member countries and facilitating international commerce.
Application | Eligibility | Selection Process | Result | Cutoff | Admit Card | Preparation Tips
Question : If the number 55p1067q9 is exactly divisible by 99, then pq is equal to:
Option 1: 35
Option 2: 28
Option 3: 36
Option 4: 42
Question : Which one of the following does not deal with export promotion?
Option 1: Trade development authority
Option 2: Minerals and Metals Trading Corporation
Option 3: Cooperative marketing societies
Option 4: State Trading Corporation of India
Question : When was the 8th round of the General Agreement on Tariffs and Trade (GATT), the so-called "Uruguay Round", which led to the establishment of the World Trade Organization (WTO), completed?
Option 1: 1993
Option 2: 1995
Option 3: 1991
Option 4: 1992
Question : A closed economy is one in which
Option 1: Does not trade with other countries
Option 2: Does not possess any means of international transport
Option 3: Does not have a coastal line
Option 4: Is not a member of the UNO
Question : Which Article of the Indian Constitution gives the right to minorities to establish and administer educational institutions?
Option 1: Article 17
Option 2: Article 32
Option 3: Article 28
Option 4: Article 30
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile