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EconomyMedium

Which authority capped the trade margins on the maximum retail price of 137 anti-cancer drugs?

  1. A.Central Drugs Standard Control Organisation
  2. B.Food Safety and Standards Authority of India
  3. C.National Pharmaceutical Pricing Authority
  4. D.Directorate General of Health Services

Correct answer

C. National Pharmaceutical Pricing Authority

Explanation

The correct answer is the National Pharmaceutical Pricing Authority. The NPPA works under the Department of Pharmaceuticals in the Ministry of Chemicals and Fertilizers, and it is the body that capped trade margins on the retail prices of 137 anti-cancer drugs, with the revised rates applying from 9 November 2026. Option D, the Directorate General of Health Services, has a part in the story but a different one: the expert committee whose recommendations the price cap rests on was constituted by the DGHS, which is in the Ministry of Health and Family Welfare, and its recommendations are dated 17 October 2026. Options A and B are regulators in neighbouring fields and had no role in this order, which was a pricing decision taken by the pricing authority itself and is enforced through the revised maximum retail price printed on every affected medicine pack.

Read the full article: NPPA Cuts MRP of 1,364 Anti-Cancer Formulations from 9 November

Q4.EconomyMedium

What was the theme of the 14th India Chem 2026 held in Mumbai?

  1. A.Advantage Bharat: An Emerging Global Chemicals Hub
  2. B.Chemicals for a Viksit Bharat
  3. C.Green Chemistry, Green Growth
  4. D.Make in India, Mix in India
Show answer
Correct answer: A. Advantage Bharat: An Emerging Global Chemicals Hub

The 14th edition of India Chem was organised in Mumbai from 22 to 24 October 2026 as a three-day event aimed at drawing investment and promoting sustainable growth in chemicals and petrochemicals.