Which agreement established the World Trade Organization (WTO) in 1995? MCQ with Answer and Explanation

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Which agreement established the World Trade Organization (WTO) in 1995?

A. Geneva Accord

B. Bretton Woods Agreement

C. Marrakesh Agreement

D. Doha Declaration

Answer: Option C

Solution (By JKSSB Mock Tests)

The WTO was established by the Marrakesh Agreement, replacing the GATT.

This question belongs to: Static General Knowledge International Organizations

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Practice More International Organizations Questions

Question #1

The term 'Five Eyes' refers to an intelligence alliance among which countries?

A. Australia, Canada, New Zealand, UK, USA

B. G7 members

C. UN Security Council permanent members

D. BRICS nations

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Correct Answer: Option A

Explanation:
Not a UN-related organization, but a separate intelligence-sharing pact.

This question belongs to: Static General Knowledge International Organizations

Question #2

The IMF’s Special Drawing Rights (SDR) is best described as:

A. A loan facility for poor nations

B. A global digital currency

C. A trade settlement mechanism

D. An international reserve asset

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Correct Answer: Option D

Explanation:
SDRs are international reserve assets created by the IMF to supplement member countries’ official reserves.

This question belongs to: Static General Knowledge International Organizations

Question #3

What does the 'G' in G20 stand for?

A. Governance

B. Global

C. General

D. Group

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Correct Answer: Option D

Explanation:
The 'G' stands for 'Group' (Group of 20).

This question belongs to: Static General Knowledge International Organizations

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