International Affairs

Current GK (CPO)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

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.

This questions was previously asked in

SSC CPO 9th Nov 2022 Shift 1

- The General Agreement on Tariffs and Trade (GATT) was established in 1948.

- It was designed as a global trade organization.

- Its aim was to administer multilateral trade agreements.

- GATT provided equal trading opportunities for all participating countries in the international market.

Now, let's consider the options:

- Option 1: 29 countries - This number is incorrect as the founding number of GATT members.

- Option 2: 23 countries - The correct number of founding members of GATT.

- Option 3: 35 countries - This does not match the original number of GATT members.

- Option 4: 28 countries - This is also not the right number.