Solved WTO and International Trade Organizations

WTO and International Trade Organizations MCQs for Competitive Exams

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Topic Notes: WTO and International Trade Organizations

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WTO and International Trade Organizations MCQs in Commerce are useful for candidates who need targeted practice for CSS, PMS, FPSC, PPSC, NTS, entry tests, and other competitive exams in Pakistan. This topic page is designed for quick revision, repeated practice, and exam-focused preparation.

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What are the primary sources of funds used by the World Bank to provide loans?

own funds

borrowed funds

All of the above

by guaranteeing in whole or part loans made by private investors through the investment channels

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What is the membership status of countries that joined the World Bank after December 31, 1945?

founder member

general member

permanent member

temporary member

Report

Evaluate the following statements regarding globalization and marketing barriers.

(A) is false but (R) is true

Both (A) and (R) true but (R) is NOT the correct explanation of (A)

(A) is true but (R) is false

Both (A) and (R) true and (R) is the correct explanation of (A)

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In which year did India officially become a member of the World Bank?

1980

1950

1975

1945

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Evaluate the following statements regarding international business and globalization: Assertion (A): International business focuses on global resources and opportunities to buy or sell worldwide. Reason (R): The efforts of the IMF, World Bank, and WTO to liberalize economies have significantly contributed to globalization.

(A) is true, but (R) is false

(A) is false, but (R) is true

Both (A) and (R) are false

Both (A) and (R) are true

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Which international institution is responsible for publishing the 'Ease of Doing Business Index'?

World Trade Organization (WTO)

World Economic Forum

World Bank

Organization for Economic Cooperation and Development (OECD)

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Which of the following statements regarding the World Bank is considered incorrect?

On 30thJune, 2011, 187 countries were members of the World Bank

All of the above

The World Bank has 40 founder members

The initial authorised capital of the World Bank was $ 10,000 billion

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The Uruguay Round of multilateral trade negotiations is associated with which organization?

WTO

World Bank

GATT

IMF

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Which of the following statements regarding intellectual property rights is incorrect?

Copyrights lie with the owner cum holder for a certain period

Industrial design rights can be an industrial commodity or a handicraft

All of the above

Patents are rights related to literary or artistic work

Report

Identify the outcomes of the Sixth Ministerial Conference of the WTO held in Hong Kong in 2005.

1, 2, 3 and 4

Both 2 and 4

1, 2 and 4

Both 1 and 3

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WTO and International Trade Organizations MCQs for Competitive Exams

WTO and International Trade Organizations MCQs for Competitive Exams

Topic Notes: WTO and International Trade Organizations

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