Daily Current Affairs Prelims Practice (23-04-2026)

By /

1.    With reference to Variable Rate Repo (VRR) operations conducted by the RBI, consider the following statements:

1.    It is used by the RBI to absorb excess liquidity from the banking system.

2.   The interest rate in VRR is discovered through auction.

3.   It allows the RBI to manage short-term liquidity without necessarily changing the policy repo rate.

How many of the above statements are correct?

(a)  Only one

(b)  Only two

(c)  All three

(d)  None

2.   With reference to Cyprus, consider the following statements:

1.    Cyprus is located in the eastern Mediterranean Sea.

2.   Cyprus is a member of the European Union.

3.   Cyprus lies close to Turkey, Syria, Lebanon and Israel.

How many of the above statements are correct?

(a)  Only one

(b)  Only two

(c)  All three

(d)  None

3.   PRAGATI 2026, recently seen in the news, is best described as:

(a) A disaster management initiative for the Indian Ocean Region.

(b) A satellite navigation programme launched by ISRO

(c) A regional trade agreement among BIMSTEC nations

(d) The multilateral military exercise focused on counter-terrorism operations in semi-mountainous and jungle terrain

4.   Consider the following statements about the Sample Registration System (SRS):

1.    It is conducted by the Registrar General of India.

2.   It provides estimates of birth rate, death rate and infant mortality rate.

3.   It is conducted by the Election Commission of India during Census operations only.

Which of the statements given above is/are correct?

(a)  1 and 2 only

(b)  2 and 3 only

(c)  1 only

(d)  1, 2 and 3

5.   Veera Pasi, recently seen in the news, is remembered for his role in:

(a) Leading the Santhal Rebellion against British rule

(b) Resistance against British colonial rule during 1857

(c) Organising the Indigo Revolt in Bengal

(d) Leading the Moplah Rebellion in Malabar

6.   Consider the following statements:

1.    Article 21 protects life and personal liberty.

2.   Prolonged incarceration without trial may raise constitutional concerns under Article 21.

3.   National security laws are completely outside the scope of judicial review.

Which of the statements given above is/are correct?

(a)  1 and 2 only

(b)  2 and 3 only

(c)  1 only

(d)  1, 2 and 3

7.    Consider the following statements:

Statement I: When government bond prices fall, bond yields generally rise.

Statement II: Investors demand higher returns when they perceive greater risks in lending to governments.

Which one of the following is correct?

(a) Both Statement I and Statement II are correct, and Statement II explains Statement

(b) Both Statement I and Statement II are correct, but Statement II does not explain Statement I

(c) Statement I is correct, but Statement II is incorrect

(d) Statement I is incorrect, but Statement II is correct

8.   Consider the following pairs:

Core SectorBroad Economic Linkage
SteelConstruction and manufacturing
CementInfrastructure and real estate
FertilisersAgriculture
ElectricityIndustrial and household demand

Which of the pairs given above are correctly matched?

(a)  1 and 2 only

(b)  2 and 3 only

(c)  1, 3 and 4 only

(d)  1, 2, 3 and 4

9.   Consider the following statements:

1.    Repo and reverse repo are part of the Liquidity Adjustment Facility.

2.   Repo involves sale and future repurchase of securities.

3.   Reverse repo helps RBI inject durable liquidity into the economy.

4.   Repo rate is decided by the Monetary Policy Committee.

Which of the statements given above are correct?

(a)  1, 2 and 4 only

(b)  1 and 3 only

(c)  2, 3 and 4 only

(d)  1, 2, 3 and 4

10. With reference to the Unlawful Activities (Prevention) Act, 1967, consider the following statements:

1.    The Act empowers the Central Government to declare both an organisation and an individual as terrorist.

2.   The Act allows the National Investigation Agency to seize property connected with terrorism without prior permission of the State police chief.

3.   The Act originally dealt only with terrorist activities and was later expanded to include unlawful associations.

4.   The Act provides for extended detention during investigation compared to ordinary criminal law.

How many of the above statements are correct?

(a)  Only one

(b)  Only two

(c)  Only three

(d)  All four

ANSWERS for Daily Current Affairs Prelims Practice (23-04-2026):

1.    Answer: B

2.   Answer: C

3.   Answer: D

4.   Answer: A

5.   Answer: B

6.   Answer: A

7.   Answer: A

8.   Answer: D

9.   Answer: A

10. Answer: C

La Excellence IAS Academy, the best IAS coaching in Hyderabad, known for delivering quality content and conceptual clarity for UPSC 2026 preparation.

FOLLOW US ON:

â—‰ YouTube : https://www.youtube.com/@CivilsPrepTeam

â—‰ Facebook: https://www.facebook.com/LaExcellenceIAS

â—‰ Instagram: https://www.instagram.com/laexcellenceiasacademy/

GET IN TOUCH:

Contact us at info@laex.in, https://laex.in/contact-us/

or Call us @ +91 9052 29 2929, +91 9052 99 2929, +91 9154 24 2140

OUR BRANCHES:
Head Office: H No: 1-10-225A, Beside AEVA Fertility Center, Ashok Nagar Extension, VV Giri Nagar, Ashok Nagar, Hyderabad, 500020

Madhapur: Flat no: 301, survey no 58-60, Guttala begumpet Madhapur metro pillar: 1524,  Rangareddy Hyderabad, Telangana 500081

Bangalore: Plot No: 99, 2nd floor, 80 Feet Road, Beside Poorvika Mobiles, Chandra Layout, Attiguppe, Near Vijaya Nagara, Bengaluru, 560040

Scroll to Top