Banking Awareness Quiz for today :-
Q1. WTO stands for:
a) World Territory Organization
b) World Trade Organization
c) World Task Organization
d) None of The Above
a) 1 January, 1994
b) 1 January, 1995
c) 1 January, 1996
d) None of The Above
Q3. You heard about the term "GATT". The term "GATT" stands for:
a) General Agreement on Tariffs, Tradition and Trade
b) Global Agreement on Tradition and Trade
c) General Agreement on Tariffs and Trade
d) None of The Above
Q4. GATT was signed by 23 nations in Geneva on October 30, 1947 and took effect on______:
a) 1 January, 1949
b) 1 January, 1948
c) 1 December, 1947
d) None of The Above
Q5. The WTO replaced GATT as the world's global trading body in _____:
a) 1994
b) 1995
c) 1996
d) None of The Above
Q6. The trading regulations of GATT were established between ______and _____:
a) 1947 and 1994
b) 1947 and 1995
c) 1946 and 1996
d) None of The Above
Q7. The second WTO ministerial meeting held in ______in May 1998 included a celebration of the 50th anniversary of the system:
a) Geneva
b) Washington, D.C.
c) Nairobi
d) None of The Above
Q8. The last and largest GATT round, was the _____round:
a) Tokyo Round
b) Geneva Round
c) Uruguay
d) None of The Above
Q9. Headquarter of GATT was:
a) Geneva, Switzerland
b) Nairobi, Kenya
c) Amsterdam, Netherlands
d) None of The Above
Q10. Now, headquarter of WTO is located at:
a) Washington. D.C.
b) Geneva, Switzerland
c) Willington, New Zealand
d) None of The Above
Q11. Which among the following is the main pillars for the WTO:
a) Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS)
b) General Agreement on Trade in Services
c) Both of The Above
d) None of The Above
Q12. Which among the following is not an agency of United Nations:
a) International Monetary Fund
b) International Bank for Reconstruction and Development
c) World Trade Organization
d) None of The Above
Q13. Which among the following are the functions of WTO:
a) implementation of trade related rules
b) dispute settlement between trading countries
c) provide guidelines, rules and regulation regarding trade worldwide
d) All of The Above
e) None of The Above
Q14. ______is current and sixth director general of WTO:
a) Jim Yong Kim
b) Roberto Azevedo
c) Christine Madeleine Odette Lagarde
d) None of The Above
Q15. The number of member nations of WTO as on April, 2015 were:
a) 161
b) 151
c) 171
