Q17 · UPSC current affairs · 9 October 2026 · PIB · Trade Margin Capping on Non-Scheduled Anti-Cancer Drugs

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Consider the following statements regarding drug price regulation in India:1.The National Pharmaceutical Pricing Authority (NPPA) functions under the Ministry of Chemicals and Fertilizers.2.Trade margin capping limits profit margins added across wholesale and retail supply channels.Which of the statements given above is/are correct?

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.

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