The 'World Trade Organization' has how many members? MCQ with Answer and Explanation

The 'World Trade Organization' has how many members?
A. 190
B. 200
C. about 120
D. 164
Answer: Option D
Solution (By JKSSB Mock Tests)
The WTO has 164 members.

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Practice More Economy Set 1 Questions

Question #1
Which of the following is NOT a method of privatisation?
A. Disinvestment of shares
B. Strategic sale
C. Nationalisation
D. Public-private partnership

Correct Answer: Option C


Explanation:
Nationalisation is the opposite of privatisation; it involves taking private assets into public ownership. Privatisation methods include disinvestment, strategic sale and PPP.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'National Industrial Corridor Development Programme' aims to:
A. develop industrial corridors and smart cities
B. promote agriculture
C. build residential colonies
D. expand railway passenger services

Correct Answer: Option A


Explanation:
National Industrial Corridor Development Programme develops industrial corridors and smart industrial cities.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Goods and Services Tax' rate on health care services is:
A. 12%
B. 0%
C. 5%
D. 18%

Correct Answer: Option B


Explanation:
Health care services are exempt from GST.

This question belongs to: Economy GK Economy Set 1