Question:
TRIPS (Trade Related Aspects of Intellectual Property Rights) agreement is administered by
TRIPS (Trade Related Aspects of Intellectual Property Rights) agreement is administered by
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TRIPS is one of the founding agreements signed at the Uruguay Round that created this global trade body.
Updated On: Jul 16, 2026
- UNCTD
- UNO
- WTO
- World Bank
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Verified By Collegedunia
The Correct Option is C
Solution and Explanation
Concept:
TRIPS is one of the core agreements of the World Trade Organization, negotiated in the Uruguay Round and effective from 1995, which sets out minimum standards for intellectual property regulation among member nations.
Explanation:
UNCTAD (the option is written as UNCTD) is a United Nations body that deals with trade and development issues, it does not administer TRIPS, so option A is wrong. The UNO is the parent international body but does not itself run trade agreements like TRIPS, so option B is wrong. The World Bank focuses on development lending and financing projects, it has no role in administering intellectual property agreements, so option D is wrong. TRIPS is one of the WTO's founding agreements, and its implementation, disputes, and compliance among member countries are overseen by the WTO.
Final Answer:
TRIPS is administered by the World Trade Organization (WTO).
TRIPS is one of the core agreements of the World Trade Organization, negotiated in the Uruguay Round and effective from 1995, which sets out minimum standards for intellectual property regulation among member nations.
Explanation:
UNCTAD (the option is written as UNCTD) is a United Nations body that deals with trade and development issues, it does not administer TRIPS, so option A is wrong. The UNO is the parent international body but does not itself run trade agreements like TRIPS, so option B is wrong. The World Bank focuses on development lending and financing projects, it has no role in administering intellectual property agreements, so option D is wrong. TRIPS is one of the WTO's founding agreements, and its implementation, disputes, and compliance among member countries are overseen by the WTO.
Final Answer:
TRIPS is administered by the World Trade Organization (WTO).
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