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With reference to the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:
1. Recently it has fixed the ceiling prices for 12 anti-diabetic generic medicines, including glimepiride tablets, glucose injection and intermediate acting insulin solution.
2. Ceiling price means a price fixed by the Government for Scheduled formulations in accordance with the provisions of DPCO 2013.
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?
Verified Answer
With reference to the National Pharmaceutical Pricing Authority (NPPA)...
Drug price regulator National Pharmaceutical Pricing Authority (NPPA) said it has fixed the ceiling prices for 12 anti-diabetic generic medicines, including glimepiride tablets, glucose injection and intermediate acting insulin solution.
To make it possible for every Indian to afford medical treatment, NPPA has fixed the ceiling prices of 12 anti-diabetic generic medicines. These include glimepiride tablet of strength 1 mg, with ceiling price at ₹3.6 per tablet, while that for 2 mg is ₹5.72 per tablet. The ceiling price of 1 ml glucose injection of 25% strength has been fixed at 17 paise, while that of 1ml of insulin (soluble) injection of strength 40IU/ml is ₹15.09. Similarly, 1 ml of intermediate acting (NPH) solution insulin injection of strength 40 IU/ml has a ceiling price of ₹15.09.
Ceiling price means a price fixed by the Government for Scheduled formulations in accordance with the provisions of DPCO 2013.
Hence both statements are correct.
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With reference to the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. Recently it has fixed the ceiling prices for 12 anti-diabetic generic medicines, including glimepiride tablets, glucose injection and intermediate acting insulin solution.2. Ceiling price means a price fixed by the Government for Scheduled formulations in accordance with the provisions of DPCO 2013.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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With reference to the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. Recently it has fixed the ceiling prices for 12 anti-diabetic generic medicines, including glimepiride tablets, glucose injection and intermediate acting insulin solution.2. Ceiling price means a price fixed by the Government for Scheduled formulations in accordance with the provisions of DPCO 2013.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 With reference to the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. Recently it has fixed the ceiling prices for 12 anti-diabetic generic medicines, including glimepiride tablets, glucose injection and intermediate acting insulin solution.2. Ceiling price means a price fixed by the Government for Scheduled formulations in accordance with the provisions of DPCO 2013.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 With reference to the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. Recently it has fixed the ceiling prices for 12 anti-diabetic generic medicines, including glimepiride tablets, glucose injection and intermediate acting insulin solution.2. Ceiling price means a price fixed by the Government for Scheduled formulations in accordance with the provisions of DPCO 2013.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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