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The World Trade Organisation (WTO) was founded in:
A1947, just after India's independence year
B1971, after the Bangladesh war of liberation
C1995, succeeding earlier GATT trade arrangement
D2007, during the global financial economic crisis
Answer & Solution
Correct answer: C. 1995, succeeding earlier GATT trade arrangement
The WTO was founded in 1995, succeeding GATT. Its goal: liberalise international trade, set rules, settle disputes. India is a founding member. 164 countries are members.
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