With reference to the Indian Pharmaceutical Industry, which of the following statements is/are correct? 1. India is the largest provider of generic medicines globally, occupying a 20% share in global supply by volume. 2. India ranks 3rd worldwide for the production of pharmaceuticals in terms of volume and supplies 50% of global demand for vaccines. 3. India allows 74% Foreign Direct Investment (FDI) under the automatic route for greenfield and brownfield pharma. Select the correct answer using the codes given below:

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UPSC & State PSC

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With reference to the Indian Pharmaceutical Industry, which of the following statements is/are correct? 1. India is the largest provider of generic medicines globally, occupying a 20% share in global supply by volume. 2. India ranks 3rd worldwide for the production of pharmaceu...

1 and 2 only

1 and 3 only

2 and 3 only

1, 2 and 3