I do not see any impact of this error but was just working on cleaning the logs. I have done some analysis and found out from where this error is coming up. (Edited my question and have posted the analysis).  Please have a look. Thank you for your suggestion.

I am seeing a particular error in the logs which comes when a page is rendered in the edit mode. 18.08.2022 05:29:31.741 [] *ERROR* [ [1660800571706] GET /editor.html/content/abc/us/en.html HTTP/1.1] com.adobe.cq.msm.ui.servlet.IsSourceRenderCondition path /content/abc/us/en.html to check render con...