What is the full form of the 'TRIPS' agreement under the WTO? MCQ with Answer and Explanation

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What is the full form of the 'TRIPS' agreement under the WTO?

A. Trade-Related Aspects of Intellectual Property Rights

B. Tariff and Revenue International Policy System

C. Trade-Related Investment Policy Standards

D. Trade Regulation and Intellectual Property System

Answer: Option A

Solution (By JKSSB Mock Tests)

TRIPS is the WTO agreement on Trade-Related Aspects of Intellectual Property Rights, setting minimum standards for IP protection.

This question belongs to: Static General Knowledge International Organizations

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Which organization's goal is to maintain monetary stability?

A. WTO

B. IMF

C. WHO

D. UNESCO

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Correct Answer: Option B

Explanation:
The IMF's core mandate is to ensure the stability of the international monetary system.

This question belongs to: Static General Knowledge International Organizations

Question #2

Which organization is known as the 'UN's lead agency for international development'?

A. WTO

B. World Bank

C. UNDP

D. IMF

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Correct Answer: Option C

Explanation:
The United Nations Development Programme (UNDP) operates in over 170 countries to help eradicate poverty and reduce inequalities.

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Question #3

Where is the headquarters of the International Labour Organization (ILO)?

A. Geneva

B. New York

C. Paris

D. Vienna

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Correct Answer: Option A

Explanation:
The headquarters of ILO is located in Geneva, Switzerland.

This question belongs to: Static General Knowledge International Organizations

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