Quiz on World Bodies: World Trade Organization (WTO)

Q.1.Consider following statements

i) Trade Negotiations between different countries lead to birth of WTO.

ii) Majorly work of WTO comes from 1986-84 negotiations and General Agreement on Trades and Tariff(GATT).

AMONG THESE CORRECT STATEMENTS ARE

a) i only

b) ii only

c) Both

d) None

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Q.2.Consider following statements

i) WTO Secretariat is situated at Geneva.

ii) WTO Secretariat holds all the decision making powers in it.

Among these which is/are NOT CORRECT

a) i only

b) ii only 

c) Both

d) None

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Q.3. What are the new negotiations of WTO known as which are launched in 2001 

a) Doha Development Agenda

b) New Delhi Development Plan

c) WTO Development Agenda

d) Trade Development and Negotitation Plan

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Q.4. Which round of WTO talk produced the first multilateral agreement dedicated to Agricultural sector

a) Tokyo Round

b) Uruguay Round

c) Dillon Round

d) Kennedy Round

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Q.5 Which of the following is not CORRECT

a) WTO's agreement on Trade related aspect of Intellectual Property Rights (TRIPS) was negotiated in Tokyo Round.

b) Under WTO' TRIPS agreement Industrial Designs must be protected for at least 10 years.

c) Under WTO's TRIPS agreement Patents protection must be available for inventions for atleast 20 years. 

d) Under WTO's TRIPS agreement Protection for integrated circuit designs was adopted in 1989 but not yet came into force.

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