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

1. Identify the concept from the statements given below:

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

Choose the correct answer using the codes given below:

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

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2. Which of the following newly designated Ramsar sites in India are located in Odisha?

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

Choose the correct answer using the codes given below:

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

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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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