{"id":84835,"date":"2025-06-01T02:51:55","date_gmt":"2025-06-01T02:51:55","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=84835"},"modified":"2025-06-01T02:51:55","modified_gmt":"2025-06-01T02:51:55","slug":"which-one-of-the-following-events-is-not-correctly-matched-with-the-ye","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/which-one-of-the-following-events-is-not-correctly-matched-with-the-ye\/","title":{"rendered":"Which one of the following events is not correctly matched with the ye"},"content":{"rendered":"

Which one of the following events is not correctly matched with the year in which it happened?<\/p>\n

[amp_mcq option1=”Inauguration of the SWIFT system of electronic interbank fund transfers worldwide\u20141985″ option2=”Conclusion of the Uruguay Round of GATT\u20141994″ option3=”Inauguration of the World Trade Organization\u20141995″ option4=”Establishment of the first wholly electronic stock exchange (Nasdaq)\u20141971″ correct=”option1″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC CDS-1 – 2018<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nThe event not correctly matched with the year is the Inauguration of the SWIFT system of electronic interbank fund transfers worldwide\u20141985.
\n<\/section>\n
\nSWIFT (Society for Worldwide Interbank Financial Telecommunication) was founded in 1973, and its messaging services became operational in 1977. Therefore, 1985 is incorrect for its inauguration or becoming operational.
\n<\/section>\n
\nThe other options are correctly matched:
\nB) The Uruguay Round of GATT concluded in December 1993, and the final act establishing the World Trade Organization (WTO) was signed in Marrakech in April 1994. So, 1994 is correct for the conclusion\/signing.
\nC) The World Trade Organization (WTO) was officially inaugurated\/established on January 1, 1995, as the successor to GATT. This is correct.
\nD) Nasdaq (National Association of Securities Dealers Automated Quotations) was established and began operations in 1971 as the world’s first electronic stock market. This is correct.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Which one of the following events is not correctly matched with the year in which it happened? [amp_mcq option1=”Inauguration of the SWIFT system of electronic interbank fund transfers worldwide\u20141985″ option2=”Conclusion of the Uruguay Round of GATT\u20141994″ option3=”Inauguration of the World Trade Organization\u20141995″ option4=”Establishment of the first wholly electronic stock exchange (Nasdaq)\u20141971″ correct=”option1″] This question was … <\/p>\n

Detailed SolutionWhich one of the following events is not correctly matched with the ye<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1087],"tags":[1114,1120,1190],"class_list":["post-84835","post","type-post","status-publish","format-standard","hentry","category-upsc-cds-1","tag-1114","tag-economic-development","tag-money-banking","no-featured-image-padding"],"yoast_head":"\nWhich one of the following events is not correctly matched with the ye<\/title>\n<meta name=\"description\" content=\"The event not correctly matched with the year is the Inauguration of the SWIFT system of electronic interbank fund transfers worldwide\u20141985. SWIFT (Society for Worldwide Interbank Financial Telecommunication) was founded in 1973, and its messaging services became operational in 1977. Therefore, 1985 is incorrect for its inauguration or becoming operational.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/which-one-of-the-following-events-is-not-correctly-matched-with-the-ye\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which one of the following events is not correctly matched with the ye\" \/>\n<meta property=\"og:description\" content=\"The event not correctly matched with the year is the Inauguration of the SWIFT system of electronic interbank fund transfers worldwide\u20141985. SWIFT (Society for Worldwide Interbank Financial Telecommunication) was founded in 1973, and its messaging services became operational in 1977. Therefore, 1985 is incorrect for its inauguration or becoming operational.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/which-one-of-the-following-events-is-not-correctly-matched-with-the-ye\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T02:51:55+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Which one of the following events is not correctly matched with the ye","description":"The event not correctly matched with the year is the Inauguration of the SWIFT system of electronic interbank fund transfers worldwide\u20141985. 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