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NET JRF SET SPECIAL COURSE
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Created by Dr. S. H. Sarkar

WTO

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1. World Trade Organization was created as a result of: (Himachal Pradesh SET 2017)

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2. Given below are two statements, one labelled as Assertion (A) and the other as Reason (R): (SLET 17th March 2024)

Assertion (A): WTO pleads that free trade brings prosperity for all and therefore should be promoted.

Reason (R): Integration of the countries with global economy through the system of trade helps them to export goods abroad as also import goods which they need.

Codes:

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3. The World Trade Organization (WTO) is an intergovernmental organization. Identify the correct statement about WTO; (JAMMU & KASHMIR SET October 2023)

(I) The WTO facilitates trade in goods, services and intellectual property among participating countries.

(II) The WTO provides a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, quotas and other restrictions.

(iii) The WTO is headquartered in New York, USA.

(iv) WTO's top decision-making body is the Ministerial Conference, which is composed of all member states and usually convenes biennially; consensus is emphasized in all decisions.

Choose the correct answer from the code given below:

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4. Given below are two statements one labelled as Assertion A and the other labelled as Reason R. (JNU MA 2020)

Assertion A: WTO pleads that free trade brings prosperity for all and therefore should be promoted.

Reason R: Integration of the countries with global economy through the system of trade helps them to export goods abroad as also import goods which they need.

In light of the above statements, choose the correct answer from the options given below:

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5. Which Indian ministry is responsible for agricultural trade related negotiations in WTO? (JNU MA 2021)

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6. When was the World Trade Organization established? (DU MA 2020)

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7. What is The Quad" at the World Trade Organization (WTO)?  (DU MA 2022)

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8. World Trade Organization was established as a result of  (DU MA 2022)

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9. What are the main functions of the WTO? (TELANGANA SET 2022)

1. Building the trade capacity of developing economies

2. Providing short- and long-term loans for export promotion in developing countries

3. Reviewing national trade policies

4. Settling trade disputes

Choose the correct code:

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10. “ Special Safeguard Mechanism” is a provision related to (KERALA SET 2021 JULY)

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11. The Uruguay Round of Talks led to the establishment of: (KERALA SET 2022 JANUARY)

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12. Arrange the following organisations based on their years of establishment. (KARNATAKA SET 2020 PAPER II)

I. UNCTAD

II. WTO

III. IBRD

IV. GATT

Select the correct answer:

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13. The World Trade Organization came into existence in  (GUJARAT SET DECEMBER 2002)

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14. For developing countries World Trade Organization (WTO) is a clear improvement over General Agreement on Tariffs and Trade (GATT) in view of the introduction of: (GUJARAT SET DECEMBER 2003)

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15. Which is head quarter of WTO (World Trade Organization)? (GUJARAT SET JULY 2004)

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16. The main objective of WTO is (GUJARATE SET JULY 2006 PAPER II)

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17. GATT was replaced by: (GUJARAT SET 2014 PAPER III)

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18. Under which measure of the Agreement on Agriculture within the World Trade Organization (WTO) can India support its farmers through subsidy without facing legal challenges, on the condition that it does not distort trade? (GUJARAT SET 2023)

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19. World Trade Organization is not concerned with: (KERALA SET JANUARY 2023)

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20. Arrange the following GATT/WTO rounds in a chronological order starting with the earliest: (University of Hyderabad M.Phil 2020)

I. Geneva Dillon Round

II. Doha Round

III. Uruguay Round

IV. Tokyo Round

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21. India has taken a position at the WTO which diverged from then position adopted by the US in which of the following areas? (GUJARAT SET 2019 DEC)

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22. Which of the following created the WTO? (WB PSC 2022)

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23. The main focus of the Doha Round (2001) of WTO was on (PUMDET 2024)

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24. In which year was the World Trade Organisation formed? (PUMDET 2024)

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25. Which one is correct? (WEST BENGAL SET 2015)

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26. Which organisation in international politics is known as backdoor entry of world government? (RAJASTHAN SET 2023)

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27. In 2013, which treaty was rejected by India in WTO? (RAJASTHAN SET 2023)

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28. For what has India consistently strived within the framework of WTO? (RAJASTHAN SET 2023)

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29. Which of the following principles of the WTO applies specifically to the developing countries? (MAHARASHTRA SET 2019 PAPER II)

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30. India joined the World Trade Organization on: (NET June 2024 Paper II)

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31. When did the WTO come into existence and where is its headquarters? (MAHARASHTRA SET 2023)

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32. General Agreement on Tariffs and Trade (GATT) was replaced by: (KERALA SET 2015 DECEMBER)

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33. The term ‘Nairobi Package’ is related to the affairs of: (KERALA SET 2019 JULY)

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34. ‘Special Safeguard Mechanism’ is a provision related to: (KERALA SET 2019 JULY)

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35. The Marrakesh agreement is related to (KERALA SET 2019 FEBRUARY)

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36. WTO (World Trade Organisation) makes an attempt to regulate: (NET December 2004)

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37. Arrange the following Director Generals of WTO who held office in ascending order. (NET DECEMBER 2023)

A. Mike Moore

B. Pascal Lamz

C. Supachai Panitchpakdi

D. Robert Azvedo

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38. The principle of reciprocity within WTO framework envisages (NET December 2012 Paper II)

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39. Assertion (A): WTO pleads that free trade brings prosperity for all and therefore should be promoted.

Reason (R): Integration of the countries with global economy through the system of trade helps them to export goods abroad as also import goods which they need.

(NET June 2012 Paper II)

Codes:

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40. Which Round of talks led to the establishment of WTO? (Kerala SET January 2024)

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41. Arrange chronologically the following International Organisations: (NET August 2024 Shift I)

(A) World Trade Organisations (WTO)

(B) North Atlantic Treaty Organisation (NATO)

(C) International Monetary Fund (IMF)

(D) G-20

(E) South Asian Association for Regional Cooperation (SAARC)

Choose the correct answer from the options given below:

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42. Arrange the following in chronological order as these emerged: (NET December 2008)

(i) NAM

(ii) WTO

(iii) New International Economic Order

(iv) SAPTA

Codes:

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43. Bretton Woods Conference was concluded in (JMI M.A. 2022)

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44. 18th of April is celebrated as (JMI M.A. 2016)

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45. Assertion (A): India-China relations are extremely complex today.

Reason (R): India and China have common interests at the WTO; their bilateral trade has grown rapidly in the past decade, and they also have pending disputes over thousands of kilometers of border.

(MAHARASHTRA SET 2023)

Codes:

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46. Three principles governing the negotiations of the GATT continue to be the principles governing the negotiations of the WTO too. Which are they? (GUJARAT SET 2021 DEC)

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47. WTO has its headquarters in (WB SET 2017 Paper II)

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48. Which among the following was not a part of the Washington consensus? (WEST BENGAL SET DECEMBER 2023)

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49. What is the correct chronological sequence of the below? (NET June 2010 Paper II)

Choose the right answers from codes:

(i) The Atlantic Charter

(ii) Bretton Woods Conference

(iii) Casablance Conference

(iv) Yalta Conference

Codes:

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50. Match List I with List II and select the correct answer: (WEST BENGAL SET 2015)

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