State any three functions of the World Trade Organisation (WTO).

Question

Accepted Answer

The WTO performs several functions in pursuit of its objectives. It administers and implements the multilateral trade agreements negotiated by its member countries, ensuring commitments are honoured. It acts as a standing forum for trade negotiations, allowing members to negotiate further liberalisation and updated rules on an ongoing basis. It operates a dispute-settlement mechanism, through which member countries can bring trade disputes for examination and a binding ruling, rather than resorting to unilateral retaliation. It also monitors and reviews the trade policies of member countries periodically, and provides technical assistance and training to developing countries to help them participate effectively in the trading system. Any three of these may be stated in answer to this question.

✓Final answer

Any three, e.g.: administering trade agreements; providing a forum for negotiations; operating the dispute-settlement mechanism.

Same / Similar Concept — real previous-year questions on the same or a closely similar concept, not this exact question.

CBSE 2026Set MARCH1 markMCQ
$Q. WTO was established on$
(a) 1.1.1996
(b) 1.1.1997
(c) 1.1.1995
(d) 1.1.1994
›Reveal solutionSolution
The WTO came into existence on 1 January 1995, so the answer is (c).

The World Trade Organisation (WTO) is the main body regulating international trade among nations. It was set up as the successor to GATT (General Agreement on Tariffs and Trade) following the Uruguay Round negotiations.

Key fact:

The WTO began functioning on 1st January 1995 with its headquarters at Geneva, Switzerland.

The other dates (1994, 1996, 1997) do not mark its establishment.

✓Final answer
$Option (c) 1.1.1995.$
CBSE 2023Set MARCH1 markMCQ
$Q. The Headquarters of World Trade Organisation is located at :$
(a) Geneva
(b) New York
(c) Brazil
(d) London
›Reveal solutionSolution
The headquarters of the World Trade Organisation (WTO) is located at Geneva, so the correct option is (a).

The facilitators of international business chapter in the Tamil Nadu HSC Commerce syllabus covers the WTO as the body that frames and enforces the rules of world trade.

The World Trade Organisation (WTO) was established in 1995 (succeeding GATT) and has its headquarters in Geneva, Switzerland.

New York, Brazil and London are not the location of the WTO's head office.

✓Final answer
$Option (a) Geneva. The WTO is headquartered in Geneva, Switzerland, from where it administers global trade agreements.$
CBSE 2020Set MARCH1 markMCQ
$Q. WTO was established in :$
(a) 1-1-1996
(b) 1-1-1997
(c) 1-1-1995
(d) 1-1-1994
›Reveal solutionSolution
The correct answer is (c) 1-1-1995. The World Trade Organisation was established on 1st January 1995.

In the Tamil Nadu HSC Commerce syllabus, the WTO is studied as a key facilitator of international business:

The General Agreement on Tariffs and Trade (GATT) governed world trade from 1948.

Following the Uruguay Round of negotiations, the World Trade Organisation (WTO) was created and came into effect on 1st January 1995, replacing GATT.

Its headquarters are in Geneva, Switzerland, and its role is to frame rules for trade, reduce trade barriers, and settle trade disputes between member nations.

The other dates (1994, 1996, 1997) are incorrect for the WTO's establishment.

✓Final answer
$Option (c) 1-1-1995 — the WTO was established on 1st January 1995.$

> [!ANSWER]
Any three, e.g.: administering trade agreements; providing a forum for negotiations; operating the dispute-settlement mechanism.

Q.State any three functions of the World Trade Organisation (WTO).

Concept understanding — World Trade Organisation (WTO)

Q.State any three functions of the World Trade Organisation (WTO).

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