Consider the following statements regarding the National Pharmaceutical Pricing Authority (NPPA):
1. The NPPA was constituted by a Government of India resolution in 1997 as an independent regulator for the pricing of drugs.
2. The NPPA is an attached office of the Department of Pharmaceuticals, under the Ministry of Chemicals and Fertilizers.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2