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India became the member of World Trade Organisation, because ______. - History

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Question

India became the member of World Trade Organisation, because ______.

Options

  • lndia wanted to compete with other nations.

  • India cannot stay aloof from global economy.

  • India wanted to adopt the policy of free trade.

  • India wanted to be in the leading position at global level.

MCQ
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Solution

India became the member of World Trade Organisation, because India wanted to adopt the policy of free trade.

Explanation:

India joined the WTO to adopt the policy of free trade, which would allow it to reduce trade barriers and integrate its economy with the global market. The move was part of India’s strategy to promote economic growth and gain access to international trade opportunities.

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