DRUG (PRICE CONTROL) ORDER GPAT MCQs Part – 10

TOP 10 MCQ

1. Who has the power to fix the ceiling price of scheduled formulations? [GPAT 2024]
(a) National Medical Commission
(b) Director General Health Services
(c) National Pharmaceutical Pricing Authority
(d) Pharmacy Council of India

2. The Drug Price Control Order (DPCO) is an order issued by the Government under the act enables it to fix the prices of some essential bulk and their formulations under [GPAT 2023 Shift I]
(a) Essential Commodities Act
(b) Essential Commodities Amendment
(c) Essential Commodities Accessories
(d) Ethical Commodities Act

3. Choose the correct formula for the calculation of the retail price of a formulation, given by the Govt. of India [GPAT 2012]
(a) R.P. = (M.C. + E.D. + P.M. + P.C.) × (1 + MAPE/100) + C.C.
(b) R.P. = (M.C. + C.C. + P.M. + P.C.) × (1 + MAPE/100) + E.D.
(c) R.P. = (M.C. + C.C. + E.D. + P.C.) × (1 + MAPE/100) + P.M.
(d) R.P. = (M.C. + C.C. + P.M. + E.D.) × (1 + MAPE/100) + P.C.

4. Objectives of drug (price control) order
(a) To ensure equitable distribution of essential bulk drugs
(b) To fix the maximum retail price for drug formulation in order to meet profit
(c) Both (a) and (b)
(d) None of the above

5. Bulk drug includes any
(a) Pure drug
(b) Pharmaceutical, chemical, biological conforming to the standards specified in First Schedule
(c) Pharmaceutical, chemical, biological not conforming to the standards specified in Second Schedule
(d) None of the above

6. Non-scheduled formulation means
(a) Means a formulation, the dosage and strengths of which are specified in the First Schedule of DPCO
(b) Means a formulation which is specified in the second Schedule of DPCO
(c) Means a formulation, the dosage and strengths of which are not specified in the First Schedule of DPCO
(d) Means a formulation, the dosage and strengths of which are specified in the Pharmacopoeia

7. Scheduled bulk drug
(a) A bulk drug specified in the first schedule
(b) A bulk drug specified in the second schedule
(c) Both (a) and (b)
(d) None of the above

8. In order to fix the maximum sale price of bulk drug central government established national pharmaceutical pricing authority (NPPA) in
(a) August 1998
(b) August 1997
(c) September 1998
(d) September 1997

9. In fixing price of bulk drug government considers the following thin
(a) A post tax return of 14% on net worth (18% if the production is from basic stage)
(b) A return of 22% on capital employed (26% if production is from basic stage
(c) Internal rate return of 12% based on long term marginal costing for a new product
(d) All of the above

10. The drug price control order 2013 government by
(a) National pharmaceutical pricing authority
(b) Central government
(c) Essential commodity act
(d) None of these

ANSWER KEY