With reference to National Pharmaceutical Pricing Authority consider following statements It is...........

Governance Issues Regulatory Authorities

With reference to National Pharmaceutical Pricing Authority, consider following statements

It is an independent regulatory agency that controls the prices of pharmaceutical drugs in India.
It is an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals & Fertilizers.
The latest DPCO was released in 2013 which has a list of 384 drugs.

Select the correct statement.

1&2 only

2&3 only

1&3 only

All of the above

It is a government regulatory agency that controls the prices of pharmaceutical drugs in India.
It was constituted via Government of India Resolution on 29th August, 1997 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals & Fertilizers.
It was constituted as an independent Regulator for pricing of drugs and to ensure availability and accessibility of medicines at affordable prices.
The NPPA regularly publishes lists of medicines and their maximum ceiling prices. The latest DPCO was released in 2013 which has a list of 384 drugs.

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