Correct option is B
✔️ (b) Uruguay: The TRIPs Agreement (Trade-Related Aspects of Intellectual Property Rights) was established under the Uruguay Round of GATT (1986–1994).
· It was one of the key outcomes of this round, which led to the formation of the World Trade Organization (WTO) in 1995.
· TRIPs set minimum standards for the regulation of intellectual property (IP) across all WTO member nations.
❌ (a) Paris: Refers to the Paris Convention for the Protection of Industrial Property (1883), unrelated to GATT rounds.
❌ (c) Geneva: Geneva is the headquarters of WTO, but not the round where TRIPs was negotiated.
❌ (d) Kolkatta: No such GATT negotiation round was held in Kolkata.