2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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25
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10
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30
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50
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Detailed explanation-1: -Non-scheduled drugs are allowed an annual hike of 10 per cent. This is the first time that the scheduled drug price increase has exceeded that of non-scheduled ones. In 2021, the hike was only 0.53 per cent, while, in 2020, the hike was 1.88 per cent.
Detailed explanation-2: -The Central government is planning to bring down the prices of critical drugs by fixing trade margins, said sources in the health ministry. The difference between the price to trade for manufacturers and the price to patients as the maximum retail price (MRP) is referred to as price margin.
Detailed explanation-3: -The drug price control order (DPCO) is an order issued by the government under the “Essential Commodities Act” which enables it to fix the prices of some essential bulk drugs and their formulations.
Detailed explanation-4: -Prices of around 800 drugs under the National List of Essential Medicines, will increase by 10.7 per cent beginning April 1. The prices of medicines used to cure infections, fever, skin diseases, heart diseases, anaemia, and high blood pressure will increase.