Q5 · UPSC current affairs · 9 October 2026 · News · Trade Margin Capping on Anti-Cancer Drugs

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English हिंदी

Consider the following statements regarding pharmaceutical pricing regulation in India:1.The National Pharmaceutical Pricing Authority (NPPA) functions as an attached office of the Ministry of Health and Family Welfare.2.The government is preparing to cap trade margins on non-scheduled anti-cancer medications at 30% of the Maximum Retail Price (MRP).Which of the statements given above is/are correct?

A Neither 1 nor 2

B Both 1 and 2

C 2 only

D 1 only

Correct answer: (c) 2 only

Explanation

Statement 1 is incorrect because the NPPA functions as an attached office of the Department of Pharmaceuticals under the Ministry of Chemicals and Fertilizers, not the Ministry of Health and Family Welfare. Statement 2 is correct as trade margins on non-scheduled anti-cancer medications are set to be capped at 30% of the MRP.

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