Question:medium

Given below are two statements: Assertion (A): New multilateral round on General Agreement on Trade and Tariff known as Uruguay Round was concluded in 1994. Reason (R): It led to establishment of WTO on 1 January 1995.

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Uruguay Round was concluded in 1994 and WTO came into existence on 1 January 1995.

Updated On: May 18, 2026

Both A and R are correct and R is the correct explanation of A
Both A and R are correct but R is not the correct explanation of A
A is correct but R is not correct
A is not correct but R is correct

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The Correct Option is B

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