{"id":13559,"date":"2019-01-20T10:02:59","date_gmt":"2019-01-20T10:02:59","guid":{"rendered":"https:\/\/prepistan.com\/blog\/?p=13559"},"modified":"2019-01-20T10:02:59","modified_gmt":"2019-01-20T10:02:59","slug":"mcqs-quiz-on-wto-word-trade-organization-with-answers","status":"publish","type":"post","link":"https:\/\/prepistan.com\/blog\/mcqs-quiz-on-wto-word-trade-organization-with-answers\/","title":{"rendered":"MCQs Quiz on WTO (Word Trade Organization) with Answers"},"content":{"rendered":"<p>GATT was replaced with WTO which stands for World Trade Organization. These MCQs on World Trade Organization are important too and people who are going to attempt PPSC, CSS, FPSC, NTS job test should prepare it too.<\/p>\n<h4>1. General Agreement on Tariffs and Trade (GATT) went into effect?<\/h4>\n<p>(a) 1945<br \/>\n<span style=\"color: #ff0000;\">(b) 1948<\/span><br \/>\n(c) 1946<br \/>\n(d) 1947<\/p>\n<h4>2. GATT was originally signed by how many countries including the USA?<\/h4>\n<p>(a) 22<br \/>\n(b) 20<br \/>\n<span style=\"color: #ff0000;\">(c) 23<\/span><br \/>\n(d) 25<\/p>\n<h4>3. Name the agreement which was signed by the United States. Canada and Mexico towards removing trade barriers?<\/h4>\n<p>(a) SEATO<br \/>\n(b) CENTO<br \/>\n<span style=\"color: #ff0000;\">(c) NAFTA<\/span><br \/>\n(d) None of them<\/p>\n<h4>4. When was GATT replaced with WTO?<\/h4>\n<p>(a) 1994<br \/>\n(b) 1992<br \/>\n<span style=\"color: #ff0000;\">(c) 1995<\/span><br \/>\n(d) 1993<\/p>\n<h4>5. When did World Trade Organisation come into effect?<\/h4>\n<p>(a) February 5, 1994<br \/>\n<span style=\"color: #ff0000;\">(b) January 1, 1995<\/span><br \/>\n(c) March 6, 1996<br \/>\n(d) April 8, 1994<\/p>\n<h4>6. By the backing of how many founder members was WTO established?<\/h4>\n<p>(a) 80<br \/>\n(b) 82<br \/>\n<span style=\"color: #ff0000;\">(c) 85<\/span><br \/>\n(d) 84<\/p>\n<h4>7. WTO comes as the third economic pillar of world-wide dimensions along with the World\u00a0Bank and ___________?<\/h4>\n<p><span style=\"color: #ff0000;\">(a) International Monetary Funds (IMF)<\/span><br \/>\n(b) international Economic Association (IEA)<br \/>\n(c) International Funding Organisation (IFO)<br \/>\n(d) International Development Bank (IDB)<\/p>\n<h4>8. Which of the following is the main objective\u00a0behind the establishment of WTO?<\/h4>\n<p>(a) To settle disputes between nations<br \/>\n(b) To widen the principle of free trade to sectors such as services and agriculture<br \/>\n(c) To cover more areas than GATT<br \/>\n<span style=\"color: #ff0000;\">(d) All of them<\/span><\/p>\n<h4>9. Which of the following is the headquarters of World Trade Organisation (WTO)?<\/h4>\n<p>(a) Paris<br \/>\n(b) New York<br \/>\n<span style=\"color: #ff0000;\">(c) Geneva<\/span><br \/>\n(d) Madrid<\/p>\n<h4>10. China became a member of world trade\u00a0Organization in_________?<\/h4>\n<p>(a) 1945<br \/>\n(b) 1960<br \/>\n(c) 1990<br \/>\n<span style=\"color: #ff0000;\">(d) 2001<\/span><\/p>\n<h4>11. How many countries are the current members of WTO?<\/h4>\n<p>(a) 181<br \/>\n(b) 191<br \/>\n<span style=\"color: #ff0000;\">(c) 161<\/span><br \/>\n(d) 123<\/p>\n<h4>12. When did Pakistan join the WTO?<\/h4>\n<p><span style=\"color: #ff0000;\">(a) January 1, 1995<\/span><br \/>\n(b) February 1, 1995<br \/>\n(c) January 1, 2001<br \/>\n(d) Pakistan is not a member<\/p>\n<h4>13. Who is the current Director-General of WTO?<\/h4>\n<p>(a) Chedli Klibi<br \/>\n(b) Mahmoud Riad<br \/>\n<span style=\"color: #ff0000;\">(c) Pascal Lamy<\/span><br \/>\n(d) Michael Johnson<\/p>\n<h4>14. Which country becomes the 161st member of the World Trade Organization (WTO) on 26th\u00a0April 2015?<\/h4>\n<p><span style=\"color: #ff0000;\">(a) Seychelles<\/span><br \/>\n(b) Vanuatu<br \/>\n(c) Yemen<br \/>\n(d) Samoa<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GATT was replaced with WTO which stands for World Trade Organization. These MCQs on World Trade Organization are important too and people who are going to attempt PPSC, CSS, FPSC, NTS job test should prepare it too. 1. General Agreement on Tariffs and Trade (GATT) went into effect? (a) 1945 (b) 1948 (c) 1946 (d) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[399],"class_list":{"0":"post-13559","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-general-knowledge-mcqs","7":"tag-general-knowledge-about-wto"},"_links":{"self":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/posts\/13559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/comments?post=13559"}],"version-history":[{"count":0,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/posts\/13559\/revisions"}],"wp:attachment":[{"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/media?parent=13559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/categories?post=13559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prepistan.com\/blog\/wp-json\/wp\/v2\/tags?post=13559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}