Social Science CBSE Class 10 Sample Paper for 2023 Boards

Which of the following international agencies allow free trade and work on mutual trade between countries?

  1. WTO
  2. IMF
  3. UPU
  4. FAO

 

Answer:

So, the correct answer is (A): WTO

 

Explanation

  • World Trade Organization (WTO) is an international organization established to liberalize global trade and work on mutual trade between countries.
  • InternationalMonetary Fund (IMF) is an organization that helps to stabilize the global monetary system and functions as a watchdog over the world's currencies.
  • Universal Postal Union aims to advance socioeconomic development and help attain the UN SDGs.
  • Food and Agriculture Organization( FAO)  improve nutrition, increase agricultural productivity , raise the standard of living in rural population and contribute to global economic growth.
    Thus, the correct answer is (A): WTO

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Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 13 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.