Question

Which of the following is an economic impact of WTO membership on India?

Options

• Increased trade liberalisation and encouraged foreign investment

• Reduction in Below Poverty Line (BPL) population

• Improved drinking water facilities

• Better wastewater management

Answer 1

Economic impacts of WTO membership on India include increased trade liberalisation, encouragement of foreign investment, and commercialisation of key sectors. The other options are social impacts, not economic ones.