The World Trade Organization was established on

Correct option is B

✅ (b) 1st January 1995:
· The World Trade Organization (WTO) was officially established on 1st January 1995.
· WTO succeeded the General Agreement on Tariffs and Trade (GATT) to regulate international trade.
· It provides a framework for negotiating trade agreements and settling disputes.
· WTO promotes free trade by reducing tariffs and other trade barriers among member countries.
❌ (a) 2nd May 1985: Incorrect date, no WTO event. ❌ (c) 5th March 1990: Incorrect. ❌ (d) 24th September 1997: Incorrect.