There are two important takeaways from the deposition of Reserve Bank of India Governor Urjit Patel before the Parliamentary Standing Committee on Finance on Tuesday.
For Further Reading, visit “The Hindu“.
Below is today’s Vocabulary for The Hindu Editorial (Central bank recap: on Urjit Patel’s deposition before parliamentary panel) – Nov 29, 2018.
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Today’s Vocabulary for The Hindu Editorial (Central bank recap: on Urjit Patel’s deposition before parliamentary panel) – Nov 29, 2018
- Recap (noun) – संक्षिप्त, पुनर्कथन
Meaning – State again as a summary; recapitulate.
Synonyms – summary, synopsis, abstract, abridgement.
Sentence – A way of recapping the story so far.
- Deposition (noun) – निक्षेप, बयान
Meaning –A formal, usually written, statement to be used as evidence.
Synonyms – statement, affirmation, assertion, attestation.
Sentence – A commissioner to take depositions from witnesses.
- Detente (noun) – शांति बनाए रखने
Meaning – The easing of hostility or strained relations, especially between countries.
Synonyms – restoration of harmony, agreement, compromise, understanding, peace, an end to hostilities, amity.
Sentence – His policy of arms control and detente with the Soviet Union.
- Takeaway (noun) – हटाना, बहिष्कार करना
Meaning – a key point/idea/fact (to be remembered).
Sentence – The takeaway message.
- Over the hump (phrase)
Meaning – On the road to recovery, getting better, making progress (from the difficult/worst part).
- Non-Performing Assets (NPAs) (noun)
Meaning – Bad loans, troubled accounts, stressed loans; an account where principal and/or interest remains overdue for a period of time.
- Slippage (noun) – फिसलन
Meaning –The action or process of slipping or subsiding.
Synonyms – deficiency, shortage, undersupply
Sentence – Major slippages in body condition can lead to undesirable further problems next year.
- Heap (noun) – ढेर, संग्रह
Meaning – An untidy collection of objects placed haphazardly on top of each other.
Synonyms – accumulation, pile, quantity, lot.
Sentence – A disordered heap of a lot of boxes.
- Skeleton in the cupboard/closet (phrase)
Meaning – (embarrassing & unpleasant) things in a person’s past that he/she wants to be (kept) hidden/disclosed.
- Onerous (adjective) – कष्टदायक, भारी
Meaning – (of a task or responsibility) involving a great deal of effort, trouble, or difficulty.
Synonyms – arduous, demanding, tough, formidable.
Sentence – He found his duties increasingly onerous.
- Hair-cut (noun)
Meaning – A reduction in the stated value of an asset.
Sentence – The banks would probably be willing to take a haircut on the rest.
- Insolvency (noun) – दिवालियापन
Meaning – a condition in which the financial difficulties of an individual or organisation are such it is unable to pay its debts.
Synonyms – bankruptcy, liquidation, failure, collapse, ruin
Sentence – The club was facing insolvency.
- Wary (adjective) – सावधान, ख़बरदार
Meaning – Feeling or showing caution about possible dangers or problems.
Synonyms – cautious, careful, circumspect.
Sentence – He was truly despairing, but the muted female voice was firm, but understandably wary.
- Portfolio (noun) – निवेश सूची
Meaning – a variety of products or services
Synonyms – binder, ring binder, document case
Sentence – He snatched up his jacket and the leather portfolio.
- Forge (verb) – बनाना, जाली नक़ल करना
Meaning – Make or shape (a metal object) by heating it in a fire or furnace and hammering it.
Synonyms – build, form, create.
Sentence – He forged a great suit of black armour.
- Reserves (noun) – भंडार
Meaning – Retain for future use.
Synonyms – funds (resources as stock/reservoir).
Sentence – Then drain the mushrooms, reserving the liquor.
- Nip something in the bud (phrase)
Meaning – obstruct, block, stop.
- Preserve (noun) – रक्षित
Meaning – A sphere of activity regarded as being reserved for a particular person or group.
Synonyms – department, domain, field.
Sentence – The civil service became the preserve of the educated middle class.
- Gorilla in the room (phrase)
Meaning – it is mostly used to refer to a serious problem — one which people are aware of, but choose to ignore. They think that if they do not talk about it, the problem will somehow go away.
- Cast a shadow over (phrase)
Meaning – spoil, diminish, let down.
- Tenure (noun) – कार्यकाल
Meaning –A period for which an office is held.
Synonyms – term, period, time (in office).
Sentence – In an eleven-member ensemble, he can boast of dancers with two- and three-decade tenures.
Courtesy:
Note –
- This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.
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