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InterviewSolution
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1. A new ultra-modern R & D centre will soon be commissioned in Gurgaon to augment the present facilities. A) Today it is the industry that subsidises much of the cost of India’s health care, a subsidy which is detrimental to industry. B) The policy makers should acquire the awareness that the needs of the sick should not be served by administered controls. C) It is paradoxical that although modern medicine reaches only 30% of India’s population, we have the stringiest regime of price controls making drug prices the lowest in the world. D) There is ample evidence that substandard products can thrive despite state controls but seldom in the world of real competition. 6. It is only through competition that companies will improve their products, extend market penetration and keep the prices affordable. ___ |
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Answer» 1. A new ultra-modern R & D centre will soon be commissioned in Gurgaon to augment the present facilities. A) Today it is the industry that subsidises much of the cost of India’s health care, a subsidy which is detrimental to industry. B) The policy makers should acquire the awareness that the needs of the sick should not be served by administered controls. C) It is paradoxical that although modern medicine reaches only 30% of India’s population, we have the stringiest regime of price controls making drug prices the lowest in the world. D) There is ample evidence that substandard products can thrive despite state controls but seldom in the world of real competition. 6. It is only through competition that companies will improve their products, extend market penetration and keep the prices affordable. |
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