Question 1 - MCQ Questions (1 Mark) - Chapter 4 Class 10 Economics - Globalisation and the Indian Economy - Economics

An organization whose aim is to liberate international trade is:

(A) World Bank

(B) International Monetary Fund (IMF)

(C) World Trade Organisation (WTO)

(D)United Nations Organisation (UNO)

Answer: 

So, the correct answer is (C):  World Trade Organisation (WTO) 

Explanation

Let’s check all the options

• World Bank is the world’s largest source of funding which aims to remove poverty across the globe and increase shared prosperity .
• International Monetary Fund (IMF) aims to achieve economic stability , improve and promote the world's monetary cooperation
• World Trade Organization (WTO) is an international organization that aims to liberalize international trade.
• United Nation Organization (UN0) aims to maintain world peace and foster friendly relations among nations.

Thus , option(C) is correct