348 drugs were declared as essential drugs by NPPA - Science & Technology

Q.  Consider the following statements

1. National Pharmaceutical Pricing Authority is regulatory under Ministry of health

2. 348 drugs which were declared as essential drugs by NPPA which can increase their prices annually based on the rise on WPI

Which of the above statements is/are correct?
- Published on 05 May 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Only 2
 
National Pharmaceutical Pricing Authority is regulatory under Ministry of chemicals, fertilizers and pharmaceuticals formed in 1997.

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