MPSC PYQ

MPSC Rajyaseva 2020 GS Paper 1 — Question 40

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GATT (जनरल अँग्रीमेंट ऑन ट्रेड अँड टॅरिफ्स) संदर्भात पुढील विधानं विचारात घ्या. वरीलपैकी कोणते विधान/विधाने बरोबर आहे/आहेत ? Consider the following statements with reference to GATT agreement (General Agreement on Trade and Tariffs). Which of the above statement/s is/are correct ?

(a)गॅट (GATT) ची स्थापना 1948 साली झाली. / GATT was established in 1948.

(b)सुरावातीच्या काळात गॅट (GATT) चे 23 देश सदस्य होते. / Initially, the total number of members of GATT was 23 countries.

(c)WTO गॅट (GATT) चे एक प्रकारे उत्तराधिकारी आहे. / In a way WTO is the successor of GATT.

(d)द्विपक्षीय व बहुपक्षीय व्यापार कराराचे 'गॅट' हे प्रशासन करते. / GATT administers all bilateral and multilateral Trade agreements.

1)(a) आणि (d) / (a) and (d)
2)(a), (b) आणि (d) / (a), (b) and (d)
3)(a), (b) आणि (c) / (a), (b) and (c)✓ Correct
4)वरीलपैकी सर्व / All of the above

GATT was established in 1948 with 23 founding members and laid the groundwork for international trade rules. It was eventually succeeded by the World Trade Organization (WTO) in 1995. Thus, statements (a), (b), and (c) are correct.

🏛️ The Maharashtra angle

Impact of WTO/GATT on Indian agriculture and state exports.

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