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What is the primary purpose of the National Pharmaceutical Pricing Authority (NPPA) in India?
  • a)
    Regulating the prices of all pharmaceutical products in the country
  • b)
    Ensuring affordable access to medicines through pricing regulation
  • c)
    Conducting research on new drug formulations
  • d)
    Monitoring the stock market prices of pharmaceutical companies
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What is the primary purpose of the National Pharmaceutical Pricing Au...
The National Pharmaceutical Pricing Authority (NPPA) in India primarily focuses on ensuring affordable access to medicines by regulating the pricing of pharmaceutical products. This regulatory body plays a crucial role in monitoring and enforcing drug prices, fixing and revising prices of scheduled drugs, and ensuring compliance with pricing regulations to make essential medications accessible to the general population.
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What is the primary purpose of the National Pharmaceutical Pricing Authority (NPPA) in India?a)Regulating the prices of all pharmaceutical products in the countryb)Ensuring affordable access to medicines through pricing regulationc)Conducting research on new drug formulationsd)Monitoring the stock market prices of pharmaceutical companiesCorrect answer is option 'B'. Can you explain this answer?
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