India has been a World Trade Organization (WTO) member since _____.

Correct option is C

The correct answer is (c) 1995
Explanation:
· India is a founding member of the World Trade Organization (WTO), which was officially established on January 1, 1995.
· The WTO succeeded the General Agreement on Tariffs and Trade (GATT), which had been in existence since 1948.
· Since India was a contracting party to the GATT, it automatically became a founding member of the WTO.
· The WTO is an intergovernmental organization that regulates and facilitates international trade. India actively participates in its ministerial conferences and dispute settlement mechanisms.
Information Booster:
· The agreement establishing the WTO was signed in Marrakesh, Morocco, in April 1994, concluding the Uruguay Round of trade negotiations.
· India has been a strong proponent of the WTO's principles, particularly concerning issues related to agriculture, public stockholding, and special and differential treatment for developing countries.
Additional Knowledge:
· 1991: This year saw India's landmark economic reforms (LPG – Liberalization, Privatization, Globalization), setting the stage for deeper global integration and eventual WTO membership.