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Consider the following statements.
  1. The government has the power to control the prices of certain medicines, those needed in public interest, through the Drug Prices Control Order.
  2. The patented drugs are not included in the National List of Essential Medicines (NLEM).
  3. Once a drug is included in the National List of Essential Medicines (NLEM), its prices are controlled by the central government and cannot be changed by companies themselves.
How many of the above statements is/are correct?
  • a)
    Only one 
  • b)
    Only two 
  • c)
    All three 
  • d)
    None
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Consider the following statements. The government has the power to con...
Statement 2 is incorrect.
  • The government has the power to control the prices of certain medicines, those needed in public interest, through the Drug Prices Control Order. The National List of Essential Medicines forms the primary basis for considering a drug as essential and controlling its prices. Additionally, the prices of drugs other than those included in the NLEM may also be controlled through the DPCO.
  • Once a drug is included in the NLEM, its prices are controlled by the central government and cannot be changed by companies themselves.
  • The NLEM-2022 has also included at least four drugs that are still under patent.
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Most Upvoted Answer
Consider the following statements. The government has the power to con...
Explanation:
Statement 1:
- The government does have the power to control the prices of certain medicines through the Drug Prices Control Order, especially those needed in public interest. This allows the government to regulate the prices of essential medicines to ensure they are accessible to the general population.
Statement 2:
- Patented drugs are not included in the National List of Essential Medicines (NLEM). The NLEM includes only those medicines that are considered essential for the healthcare system and public health. Patented drugs, which are protected by patents, are not typically included in this list.
Statement 3:
- Once a drug is included in the National List of Essential Medicines (NLEM), its prices are controlled by the central government and cannot be changed by companies themselves. This is done to ensure that essential medicines remain affordable and accessible to the public.
Therefore, statement 2 and 3 are correct, while statement 1 is incorrect. The correct answer is option 'B', which states that only two of the statements are correct.
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Consider the following statements. The government has the power to control the prices of certain medicines, those needed in public interest, through the Drug Prices Control Order. The patented drugs are not included in the National List of Essential Medicines (NLEM). Once a drug is included in the National List of Essential Medicines (NLEM), its prices are controlled by the central government and cannot be changed by companies themselves.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer?
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