World Trade Organization (WTO) – Revision Test

Practice and Self-Evaluation

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Test your understanding of WTO concepts through the following questions.

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Quick Revision

• WTO → Established in 1995
• Origin → GATT
• Headquarters → Geneva
• TRIPS → Intellectual Property
• GATS → Services

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Self-Test Questions

1. WTO was established in which year?

• A) 1944
• B) 1995
• C) 2001
• D) 1985

2. WTO replaced which agreement?

• A) IMF
• B) UN Charter
• C) GATT
• D) World Bank

3. TRIPS is related to:

• A) Agriculture
• B) Services
• C) Intellectual Property
• D) Banking

4. WTO headquarters is located in:

• A) London
• B) Geneva
• C) Paris
• D) New York

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Answers

• 1 → B
• 2 → C
• 3 → C
• 4 → B

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Mains Practice

1. Evaluate the effectiveness of WTO in managing global trade.

2. Discuss the challenges faced by WTO in the modern global economy.

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Study Tips

• Revise key concepts daily
• Practice MCQs regularly
• Focus on agreements (TRIPS, GATS)
• Understand real-world applications

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Explore More: MCQs Library

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