B.A./B.COM. LL.B. (5 YEAR LAW / U.G. LAW) Panjab University Entrance Exam 2016 : MCQs and Answer Key

Practice Mode:
15.

The World Trade Organization Was Established On :

A: 1st April, 1995
B: 10th December, 1990
C: 1st January, 1995
D: 24th October, 2000

The answer is: C

Explanation

The World Trade Organization (WTO) was established on January 1, 1995.

The WTO is an intergovernmental organization that regulates international trade between nations. It provides a framework for negotiating and implementing trade agreements, and it operates a system of rules and procedures for resolving disputes among its member countries. The organization is headquartered in Geneva, Switzerland, and currently has 164 member countries.

Thus, the correct answer is C: 1st January, 1995.