The Hindu Editorial (Central bank recap) Vocab – 29 Nov, 2018

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. 

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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.

 

Read Also ...  The Hindu Editorial (Removing fear: on literary freedom) Vocab – 07 Jan, 2019

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