A
Neither 1 nor 2
B
2 only
C
Both 1 and 2
D
1 only
Correct answer: (c) Both 1 and 2
Explanation
Both statements are correct. The NPPA functions under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, and trade margin capping limits profit margins added across wholesale and retail supply channels.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.