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Multiple Choice Questions

Which of the following statement is not true about the WTO ........

Static GK (SBI -PO) international Institutions and HQs

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Which of the following statement is not true about the WTO?

WTO is a permanent organisation

Uruguay round gave the birth to the WTO

Ministerial Conference is the highest policy making body of the WTO

WTO was officially constituted on 1 January 1991.

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Explanation:

The members of the GATT signed an agreement during the Uruguay round in April 1994 and on January 1, 1995 the WTO was established. The General Agreement on Tariffs and Trade is a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas.

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