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With reference to the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:
1. The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India.
2. It was constituted in 2010 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers.
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 'A'. Can you explain this answer?
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With reference to the National Pharmaceutical Pricing Authority (NPPA)...
National Pharmaceutical Pricing Authority (NPPA) has fixed the price of 81 medicines, including off-patent anti-diabetic drugs, helping to pass on the benefits of patent expiry to patients.
- NPPA has fixed the retail price of ‘insulin human injection, 200IU/ml’ and ‘70% isophane insulin human suspension + 30% insulin human injection 200IU/ml’ produced by Wockhardt Ltd at ₹106.65 per ml each (excluding GST) and Prasugrel Hydrochloride 10 mg + Aspirin 75 mg capsule by Torrent Pharmaceuticals Ltd at ₹20.16 per capsule (excluding GST).
- The decision was taken because the five-year price exemption given to these medicines on account of indigenous R&D got over recently.
- Revision in existing ceiling prices of scheduled formulations based on the Wholesale Price Index (WPI) was also approved by the Authority. The revised prices will be effective from April, 2021.
- It also decided to retain the revised ceiling price of Heparin injection up to September this year. Last year, the NPPA had hiked the price of the essential blood thinner on account of rising raw material costs from China. The ceiling price was fixed till March 31 this year.
- The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India.
- it was constituted in 1997 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers.
Hence only statement 1 is correct.
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With reference to the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India.2. It was constituted in 2010 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers.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 'A'. Can you explain this answer?
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With reference to the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India.2. It was constituted in 2010 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers.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 'A'. 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 the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India.2. It was constituted in 2010 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers.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 'A'. 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 the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India.2. It was constituted in 2010 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers.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 'A'. Can you explain this answer?.
With reference to the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India.2. It was constituted in 2010 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers.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 'A'. 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 the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India.2. It was constituted in 2010 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers.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 'A'. 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 the National Pharmaceutical Pricing Authority (NPPA), consider the following statements:1. The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India.2. It was constituted in 2010 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers.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 'A'. Can you explain this answer?.
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