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Question
Complete the statement by selecting the appropriate option from the given reasons.
India accepted the membership of the World Trade Organization. Reason -
Options
India wanted to compete in trade with other countries
India cannot stay away from the world economy
India wanted to adopt a free economy
India wanted to lead the world
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Solution
India accepted the membership of the World Trade Organization. Reason - India wanted to adopt a free economy.
RELATED QUESTIONS
Choose the correct alternative and rewrite the statement.
A legal agreement was signed in Geneva which is known as ______.
An act similar to ‘Right to Information’ was first applied in ______ in 1776.
India became a member of the World Trade Organisation, Because ______.
Correct the wrong pair in group ‘B’ in the following set.
| ‘A’ group | ‘B’ group |
| I. Arthur Dunkel | Director General of WHO |
| II. Anna Hazare | Skill Development Act |
| III. Bhavana Kant | female fighter pilot |
| IV. PV Narsimha Rao | Former Prime Minister of India |
Write the names of historical places / persons / events.
The world's first multipurpose trade agreement.
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Dunkel proposal
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GATT agreement
Write the detailed answer.
Explain the nature of WTO.
Write the detailed answer.
Write the effects of WTO on India.
Write the 'WTO' in terms of globalization.
