With reference to the World Trade Organisation (WTO), consider the following statements:

1. It is the specialized agency of the United Nations (UN) that came into existence in 1995.

2. WTO is the only international organisation dealing with the global rules of trade between nations.

3. The topmost decision-making body of the WTO is the Ministerial Conference, which usually meets every two years.

Which of the statements given above is/are correct?

1
1 and 2 only
2
3 only
3
2 and 3 only
4
1, 2 and 3
5
None of the above

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