Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
GATT Full Form
GATT stands for:
- General Agreement on Trade and Tariff — Correct Answer
- Global Association of Trade and Technology
- General Administration of Taxes and Trade
- Government Agreement on Tariff and Trade
Explanation:
Correct Answer Explanation
GATT stands for General Agreement on Trade and Tariff.
Key Points:
- Established in 1948 with 23 countries.
- Purpose: Administer all multilateral trade agreements and provide equal opportunities.
- Succeeded by WTO in 1995.
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This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.