CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The India Pharma 2021 & India Medical Device 2021 are which edition of the annual International Conference on Pharmaceutical & Medical Device sector?
A
6th
B
5th
C
4th
D
3rd
Explanation: 

Detailed explanation-1: -The Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, jointly with FICCI & Invest India is organizing the 6th edition of annual program on Pharmaceuticals & Medical Device sector – ‘India Pharma & India Medical Device 2021’ scheduled on 25-26 February & 1-2 March 2021.

Detailed explanation-2: -The annual flagship three-day conference is being held at Dr Ambedkar International Centre, New Delhi.

Detailed explanation-3: -As of August 2021, CARE Ratings expect India’s pharmaceutical business to develop at an annual rate of  11% over the next two years to reach more than US$ 60 billion in value.

Detailed explanation-4: -FDI in the pharmaceutical sector has seen a sudden spurt in 2020-21 vis a vis the previous year showing a 200percent increase. In 2021-22 (April-September) the FDI inflows continued to be buoyant at Rs. 4413crore, growing at the rate of 53 percent over the same period in 2020-21.

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