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With reference to the World Trade Organization, consider the following statements:
1. The twelfth WTO Ministerial Conference will begin from 12th June 2022 in Geneva, Switzerland after a gap of almost five years.
2. India is a founding member of the WTO since 1 January 1995.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the World Trade Organization, consider the following...
The twelfth WTO Ministerial Conference will begin from 12th June 2022 in Geneva, Switzerland after a gap of almost five years.
  • Commerce and Industry Minister Piyush Goyal will lead the Indian delegation in the Conference.
  • The key areas of discussions and negotiations in this year’s conference include WTO’s response to the pandemic, Fisheries subsidies negotiations and Agriculture issues including Public Stockholding for Food security.
  • Regarding intellectual property, India seeks: (i) a recognition of the difficulties faced by developing countries and LDCs in utilising TRIPS flexibilities to address the COVID-19 pandemic, and (ii) a reaffirmation of the TRIPS waiver decision under the responses’ declaration.
  • India is a founding member of the WTO since 1 January 1995 and a member of GATT since 8 July 1948.
Hence both statements are correct.
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With reference to the World Trade Organization, consider the following statements:1. The twelfth WTO Ministerial Conference will begin from 12th June 2022 in Geneva, Switzerland after a gap of almost five years.2. India is a founding member of the WTO since 1 January 1995.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
Question Description
With reference to the World Trade Organization, consider the following statements:1. The twelfth WTO Ministerial Conference will begin from 12th June 2022 in Geneva, Switzerland after a gap of almost five years.2. India is a founding member of the WTO since 1 January 1995.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the World Trade Organization, consider the following statements:1. The twelfth WTO Ministerial Conference will begin from 12th June 2022 in Geneva, Switzerland after a gap of almost five years.2. India is a founding member of the WTO since 1 January 1995.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the World Trade Organization, consider the following statements:1. The twelfth WTO Ministerial Conference will begin from 12th June 2022 in Geneva, Switzerland after a gap of almost five years.2. India is a founding member of the WTO since 1 January 1995.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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