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

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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

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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.