Question : In which year was the World Trade Organization established?
Option 1: 1952
Option 2: 1942
Option 3: 1947
Option 4: 1995
Correct Answer: 1995
Solution : The correct answer is 1995
The World Trade Organisation was established in 1995, but its trading system began in 1948, at that time, it was known as the General Agreement on Tariffs and Trade (GATT). WTO commenced its operations in 1995. The World Trade Organisation is the only international organization headquartered in Geneva dealing with the trade rules between the Nations.
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