Indian Economy·MCQ Practice

Pharmaceutical Industry — MCQ Practice

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Version 1Updated 5 Mar 2026

Interactive MCQ Practice

Test your knowledge. Click “Solve” to reveal options, select your answer, then check the result. 5 questions available.

Q1medium

Consider the following statements about India's pharmaceutical industry: 1. India supplies more than 50% of global vaccine demand 2. The Patents Act 2005 completely prohibited generic drug manufacturing in India 3. NPPA can fix prices only for medicines listed in the National List of Essential Medicines 4. China accounts for more than 60% of India's API imports Which of the statements given above are correct?

Q2easy

Which of the following best explains why India is called the 'pharmacy of the world'?

Q3easy

The Drug Price Control Order (DPCO) 2013 empowers which authority to regulate pharmaceutical prices in India?

Q4hard

Consider the following about India's pharmaceutical exports: 1. The United States is the largest destination for Indian pharmaceutical exports 2. Formulations account for the largest share in India's pharmaceutical export basket 3. Indian pharmaceutical exports crossed $30 billion in FY 2022-23 4. Bulk drugs and intermediates account for more than 20% of pharmaceutical exports Which of the statements given above are correct?

Q5medium

The Production Linked Incentive (PLI) scheme for pharmaceuticals primarily aims to:

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