Daily UPSC Prelims Current Affairs – August 23, 2022 [Mock Test]

1. Consider the following statements regarding a facility available to scheduled commercial banks in India:

  1. It is sanctioned against government securities.
  2. Its rate is generally around 100 basis points higher than the repo rate.
  3. RBI revises it to strengthen the value of rupee, when necessary.

Which of the following best describes the above facility?

[A] Reverse Repo Rate
[B] Marginal Standing Facility
[C] Statutory Liquidity Ratio
[D] Cash Reserve Ratio

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2. Consider the following wetlands:

  1. Ansupa Lake
  2. Hygam Wetland Conservation Reserve
  3. Tampara Lake
  4. Kanjirankulam Bird Sanctuary

Which of the above are Ramsar sites located in Odisha as of 2025?

[A] Only 1 and 3
[B] Only 1 and 2
[C] Only 2 and 4
[D] Only 2 and 3

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3. Consider the following statements:

  1. Drugs under schedule K are exempted from requiring a doctor’s prescription.
  2. Paracetamol, benzoyl peroxide, clotrimazole are schedule K drugs.

Which of the statements given above is/are correct?

[A] Only 1
[B] Only 2
[C] Both 1 & 2
[D] Neither 1 nor 2

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