The WTO is an international organization that regulates the rules of trade between countries worldwide. The Ministerial Conference is the supreme authority in the structure of the WTO consisting of all the member countries of the WTO, with all its members at least every two years. Must meet in Members of the Ministerial Conference are able to decide on all matters under multilateral trade agreements. Ngozi Okonjo-Iweala is the first African officer as well as the first woman to be appointed to the post of Director-General of the World Trade Organization. Let's know more about Director General And World Trade Organization (WTO).
1. WTO was adopted in place of which Organization in the year 1947?
A. General Agreement on Tariffs and Trade
B. General Agreement on Transport and Traffic
C. General Agreement on Tourism
D. All of the above-mentioned
2. Which country Ngozi Okonjo-Iweala belongs to?
A. Niger
B. Chad
C. Nigeria
D. Angola
3. The agreement under which the WTO was established is known as:
A. Marrakesh Agreement
B. Paris Agreement
C. Net Zero Agreement
D. None of these
4. It was signed in _____________ in Marrakesh, Morocco.
A. 1947
B. 1954
C. 1994
D. 1996
5. Which one of the following mostly regulated the trade in goods?
A. GATT
B. WTO
C. WHO
D. CICP
6. The WTO and its agreements cover not only goods but also services and other intellectual property such as:
A. Trade related to trade marks
B. Designs
C. Inventions
D. All of the above
7. The headquarters of the WTO is located in _____________, Switzerland.
A. Bern
B. Geneva
C. Basel
D. Zurich
8. How many member countries does the WTO comprise the European Union?
A. 162 countries
B. 164 countries
C. 166 countries
D. 175 countries
9. Which of the following is the Supervisor country of the WTO?
A. Iran
B. Iraq
C. Bhutan
D. All of the above
10. When did India become a founding member country of GATT and WTO?
A. In 1947
B. In 1957
C. In 1967
D. In 1977
11. All its members are required to meet at least every _________ years.
A. One
B. Two
C. Three
D. Four
12. Which of the following is the purpose of the WTO?
A. Determining and enforcing rules for international trade
B. To provide a platform for dialogue and monitoring to expand trade liberalization
C. Resolving trade disputes
D. All of the above
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