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Daily-mcqs 24 Sep 2026

Current Affairs MCQs for UPSC & State PSC Exams 24 Sep 2026

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Current Affairs MCQs for UPSC & State PSC Exams

Q1:

Consider the following statements regarding the Variable Rate Reverse Repo (VRRR) and the Liquidity Adjustment Facility (LAF) of the RBI:

  1. In a VRRR auction, the interest rate is fixed beforehand by the Monetary Policy Committee (MPC) rather than being determined through market-based bidding.
  2. The Standing Deposit Facility (SDF) acts as the floor of the LAF corridor and requires the RBI to provide collateral (government securities) to absorb liquidity.
  3. VRRR is deployed by the central bank to absorb transient or excess liquidity from the banking system to keep short-term money market rates aligned with the policy repo rate.

Which of the statements given above is/are correct?

A: 1 and 2 only

B: 3 only

C: 2 and 3 only

D: 1, 2, and 3

Answer: B

Explanation:

Statement 1 is incorrect: Unlike a fixed-rate reverse repo, a Variable Rate Reverse Repo (VRRR) involves an auction mechanism where the interest (cut-off) rate is market-determined based on the bids submitted by commercial banks.


Statement 2 is incorrect: The Standing Deposit Facility (SDF) does serve as the floor of the LAF corridor, but a key feature of the SDF is that it allows the RBI to absorb liquidity without collateral (unlike traditional collateralized reverse-repo operations).


Statement 3 is correct: The primary goal of conducting overnight or term VRRR auctions is to suck out excess or transient systemic liquidity, preventing overnight rates (like the Weighted Average Call Rate) from falling below the policy repo rate.


                            

Q2:

Consider the following statements regarding the recently signed US–Denmark–Greenland defence agreement:

  1. The agreement transfers complete territorial sovereignty of the two new defence areas to the United States.
  2. It permits the establishment of new defence areas at Narsarsuaq and Mestersvig.
  3. It strictly bars states outside NATO from maintaining a persistent military presence or establishing military installations in Greenland.

Which of the statements given above is/are correct?

A: 1 and 2 only

B: 2 only

C: 2 and 3 only

D: 1, 2, and 3

Answer: C

Explanation:

Statement 1 is incorrect: The agreement does not transfer any Greenlandic territory or sovereignty to the United States. It explicitly reaffirms Denmark's sovereignty and territorial integrity while recognizing Greenland’s right to self-determination. It is a defence expansion, not a territorial acquisition.


Statement 2 is correct: The pact allows the US to establish two new defence areas: Narsarsuaq (southern Greenland, a former WWII base) and Mestersvig (eastern Greenland, tied to Danish operations).


Statement 3 is correct: The agreement strengthens NATO integration by barring non-NATO countries from setting up manned/unmanned military installations or having a persistent military presence on the island.


                            

Q3:

With reference to Greenland, consider the following statements:

  1. It is the world’s largest non-continental island and has the largest ice sheet in the Northern Hemisphere.
  2. The interior is largely covered by an ice sheet, while the highest peak on the island is Gunnbjørn Fjeld.
  3. Greenland is an independent sovereign republic that manages its own national defense and foreign affairs completely free of foreign oversight.

Which of the statements given above is/are correct?

A: 1 and 2 only

B: 2 only

C: 2 and 3 only

D: 1, 2, and 3

Answer: A

Explanation:

Statement 1 is correct: Greenland is the world’s largest non-continental island. Roughly 80% of it is covered by the Greenland Ice Sheet, which is the second-largest ice sheet globally (after Antarctica) and the largest in the Northern Hemisphere.


Statement 2 is correct: The coastal margins are ice-free and rugged, while the highest point on the island is Gunnbjørn Fjeld at 3,694 meters.


Statement 3 is incorrect: Greenland is not an independent sovereign state; it is a self-governing territory within the Kingdom of Denmark. Denmark retains constitutional responsibility for key areas like foreign affairs and national defence.


                            

Q4:

Consider the following statements regarding Hepatitis B and Hepatitis C:

  1. Hepatitis B virus is a DNA virus, whereas Hepatitis C virus is an RNA virus.
  2. While a safe and effective vaccine is available for the prevention of Hepatitis B, there is currently no licensed vaccine available for Hepatitis C.

Which of the statements given above are correct?

A: 1 only

B: 2 only

C: Both 1 and 2

D: None

Answer: C

Explanation:

Statement 1 is correct: Hepatitis B virus (HBV) belongs to the Hepadnaviridae family and is a double-stranded DNA virus. Hepatitis C virus (HCV) belongs to the Flaviviridae family and is a single-stranded RNA virus.


Statement 2 is correct: Safe and effective vaccines are available to prevent Hepatitis B, which are also integrated into childhood immunization programs. However, due to the high genetic variability of the Hepatitis C virus, no vaccine is currently available for Hepatitis C.


                            

Q5:

With reference to the National Viral Hepatitis Control Programme (NVHCP) in India, consider the following statements:

  1. The program was launched in 2018 with the goal of eliminating viral hepatitis as a public health threat by 2030, aligning with Sustainable Development Goal (SDG) 3.3.
  2. It provides free diagnosis and treatment services for both viral Hepatitis B and C through designated treatment centers.
  3. The program relies on post-infection treatment.

Which of the statements given above are correct?

A: 1 and 2 only

B: 2 only

C: 2 and 3 only

D: 1, 2, and 3

Answer: A

Explanation:

Statement 1 is correct: The Government of India launched the National Viral Hepatitis Control Programme (NVHCP) in 2018. It aims to achieve the countrywide elimination of Hepatitis B and C by 2030, supporting the global targets set by the World Health Organization (WHO) and aligning with Sustainable Development Goal 3.3, which aims to combat communicable diseases.


Statement 2 is correct: Under the umbrella of the national program, the government provides free diagnosis and treatment (including antiviral drugs and DAAs) to patients suffering from viral hepatitis to reduce out-of-pocket expenditure and widen access to healthcare.


Statement 3 is incorrect: The NVHCP is not limited to a treatment-centric model. It follows a comprehensive, people-centred strategy that emphasizes prevention alongside care. Key preventive interventions include Hepatitis B vaccination under the Universal Immunization Programme (UIP), antenatal screening of pregnant women to prevent mother-to-child transmission, safe blood transfusion protocols, and massive public awareness campaigns.


                            
Aliganj Gomti Nagar Prayagraj