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With reference to National Pharmaceutical Pricing Authority (NPPA), consider the following statements:
1. NPPA was constituted by the Government of India under the Ministry of health and family welfare.
2. It fixes/revises prices of controlled bulk drugs and enforces price of the medicines in the country, under the Drugs (Prices Control) Order.
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 'B'. Can you explain this answer?
Most Upvoted Answer
With reference to National Pharmaceutical Pricing Authority (NPPA), co...
  • National Pharmaceutical Pricing Authority (NPPA) may allow a price hike of over 10% in the drugs and devices listed under the National List of Essential Medicines (NLEM).
  • National Pharmaceutical Pricing Authority (NPPA) was constituted by the Government of India in 1997 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals & Fertilizers as an independent Regulator for pricing of drugs and to ensure availability and accessibility of medicines at affordable prices. Hence, statement 1 is not correct.
  • It was made to fix/revise prices of controlled bulk drugs and formulations and to enforce price and availability of the medicines in the country, under the Drugs (Prices Control) Order, 1995-2013 (DPCO). Hence, statement 2 is correct.
    • A bulk drug — also called Active Pharmaceutical Ingredient (API) — is the chemical molecule in a medicine that lends the product the claimed therapeutic effect.
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With reference to National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. NPPA was constituted by the Government of India under the Ministry of health and family welfare.2. It fixes/revises prices of controlled bulk drugs and enforces price of the medicines in the country, under the Drugs (Prices Control) Order.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 'B'. Can you explain this answer?
Question Description
With reference to National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. NPPA was constituted by the Government of India under the Ministry of health and family welfare.2. It fixes/revises prices of controlled bulk drugs and enforces price of the medicines in the country, under the Drugs (Prices Control) Order.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 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. NPPA was constituted by the Government of India under the Ministry of health and family welfare.2. It fixes/revises prices of controlled bulk drugs and enforces price of the medicines in the country, under the Drugs (Prices Control) Order.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 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. NPPA was constituted by the Government of India under the Ministry of health and family welfare.2. It fixes/revises prices of controlled bulk drugs and enforces price of the medicines in the country, under the Drugs (Prices Control) Order.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 'B'. Can you explain this answer?.
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