Ok so this is the great thing about MS1, its where you figure out what strategies work for such a large amount of information. In this time you figured out what you think is important to focus on and what's most likely not to be tested. I, like probably many of us, thought this strategy was the most time efficient, but in the end you realize that by test time and you're re-reading these lecture notes constantly that you are not very confident in your preparation to write the exams. But then you take the exam and go, "well everything went better than expected." However, I'm sure you stressed out like I did.
Now, you may possibly think, what can I do to switch things up so I don't get the same amount of unnecessary anxiety?
To your question, there was a study performed at a school (can't think of it right now) that did a study on half their class doing this method of doing lecture once and immediately doing questions afterward. They scored higher than their counterparts that did repetition of material with practice questions before the test. So take that for what you will. I tried this in second semester of MS1 and scored the same as I did in MS1 and had more free time.
For what I'm doing now in MS2, if you care to read this. I abandoned Anki in MS1 after a month because it was taking a great deal of my time because on top of learning how to use Anki, I was trying to learn how to make good questions which literally sapped all my time out. Now, that I know how to do these two things (with the latter I am still improving upon), I am using a snippet I learned from drwillbe and its been working pretty well and giving me a decent amount of free time:
credit:
http://drwillbe.blogspot.com/2012/02/studying-pathology.html
However, I've changed it for certain classes, for example, in Micro I watch the lecture once then I take the objectives and lecture slides and make questions based off the objectives. If I find an objective to convoluted, I break it into pieces or if the objective is too easy or way to ridiculous to formulate a question, I just read it once and don't make a card based off it.
It also includes a step where you use questions to integrate the knowledge you learned. These steps are more spread out on different days in drwillbe's guide but I do 1 and 2 the same day and then do step 4 on the weekends.