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Regarding the Indian Medicines Pharmaceutical Corporation Limited (IMPCL), consider the following statements:
1. IMPCL is the Ministry of AYUSH's public sector manufacturing unit.
2. IMPCL is the only CPSE under the Ministry of AYUSH.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
Regarding the Indian Medicines Pharmaceutical Corporation Limited (IMP...
Indian Medicines Pharmaceutical Corporation Limited (IMPCL) has entered into a tie-up with the Government e-Market (GeM) portal for selling its products online.
- The deal between IMPCL and GeM was finalised on 03.03.2021 when GeM created 31 categories covering 311 medicines, which are living in the marketplace and IMPCL can now upload these medicines on GeM Portal.
- With this decision of GeM, the Ayurvedic and Unani medicines of IMPCL will figure on the GeM portal to hundreds of government sector buyers, at prices finalised by the Ministry of Finance, Department of Expenditure.
- IMPCL is the public sector manufacturing unit of the Ministry of AYUSH.
- IMPCL is the only CPSE under the Ministry of AYUSH, Government of India and its prices are vetted and finalised by the Ministry of Finance (Department of Expenditure) for their Ayurvedic & Unani Medicines.
Most Upvoted Answer
Regarding the Indian Medicines Pharmaceutical Corporation Limited (IMP...
Explanation:
1. IMPCL is the Ministry of AYUSH's public sector manufacturing unit:
- Indian Medicines Pharmaceutical Corporation Limited (IMPCL) is a public sector manufacturing unit under the Ministry of AYUSH.
- It was established with the aim of manufacturing quality Ayurvedic, Unani, and Siddha medicines.
- IMPCL plays a crucial role in promoting the production of traditional Indian medicines and ensuring their availability to the public.
2. IMPCL is the only CPSE under the Ministry of AYUSH:
- IMPCL is not the only Central Public Sector Enterprise (CPSE) under the Ministry of AYUSH.
- There are other CPSEs under the Ministry of AYUSH, such as National Medicinal Plants Board (NMPB) and Central Council for Research in Ayurvedic Sciences (CCRAS).
Therefore, both statements are correct. IMPCL is indeed the Ministry of AYUSH's public sector manufacturing unit, but it is not the only CPSE under the Ministry of AYUSH.
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Regarding the Indian Medicines Pharmaceutical Corporation Limited (IMPCL), consider the following statements:1. IMPCL is the Ministry of AYUSHs public sector manufacturing unit.2. IMPCL is the only CPSE under the Ministry of AYUSH.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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Regarding the Indian Medicines Pharmaceutical Corporation Limited (IMPCL), consider the following statements:1. IMPCL is the Ministry of AYUSHs public sector manufacturing unit.2. IMPCL is the only CPSE under the Ministry of AYUSH.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Regarding the Indian Medicines Pharmaceutical Corporation Limited (IMPCL), consider the following statements:1. IMPCL is the Ministry of AYUSHs public sector manufacturing unit.2. IMPCL is the only CPSE under the Ministry of AYUSH.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding the Indian Medicines Pharmaceutical Corporation Limited (IMPCL), consider the following statements:1. IMPCL is the Ministry of AYUSHs public sector manufacturing unit.2. IMPCL is the only CPSE under the Ministry of AYUSH.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
Regarding the Indian Medicines Pharmaceutical Corporation Limited (IMPCL), consider the following statements:1. IMPCL is the Ministry of AYUSHs public sector manufacturing unit.2. IMPCL is the only CPSE under the Ministry of AYUSH.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Regarding the Indian Medicines Pharmaceutical Corporation Limited (IMPCL), consider the following statements:1. IMPCL is the Ministry of AYUSHs public sector manufacturing unit.2. IMPCL is the only CPSE under the Ministry of AYUSH.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding the Indian Medicines Pharmaceutical Corporation Limited (IMPCL), consider the following statements:1. IMPCL is the Ministry of AYUSHs public sector manufacturing unit.2. IMPCL is the only CPSE under the Ministry of AYUSH.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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