Consider the following statements: Statement-I: India has earned the title of the ‘pharmacy of the world’. Statement-II: Indian pharmaceutical companies produce medicines at a fraction of the cost compared to other countries. Which one of the following is correct in respect of the above statements? |ForumIAS

Q. Consider the following statements:
Statement-I: India has earned the title of the ‘pharmacy of the world’.
Statement-II: Indian pharmaceutical companies produce medicines at a fraction of the cost compared to other countries.
Which one of the following is correct in respect of the above statements?

[A] Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I

[B] Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I

[C] Statement-I is correct but Statement-II is incorrect

[D] Statement-I is incorrect but Statement-II is correct

Answer: A

Notes:

Explanation –

Statement I is correct. India is widely recognized as the “pharmacy of the world” due to its significant role in global pharmaceutical production and distribution.

Statement II is correct. India’s pharmaceutical industry is known for producing high-quality medicines at much lower costs compared to many other countries.

Therefore, both statements are correct, and Statement-II provides correct explanation for Statement-I.

Source: AIR

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS