Which of the following correctly states the year of establishment of the WTO, its headquarters, and India's membership status?

The World Trade Organization (WTO) was established on January 1, 1995, replacing the General Agreement on Tariffs and Trade (GATT, established 1948). It is headquartered in Geneva, Switzerland. India is a founding member, having been a GATT signatory since 1948 and transitioning to WTO membership from January 1, 1995. The WTO's highest decision-making body is the Ministerial Conference, which meets every two years. The current Director-General is Dr. Ngozi Okonjo-Iweala (first woman and first African to hold this position). The WTO has 166 members as of 2026, accounting for 98% of world trade.