The Hindu Editorial (Remiss regulator) – Feb 21, 2022

Editorial Words

3 years ago

he Hindu Editorial (Remiss regulator) – Feb 21, 2022

The Securities and Exchange Board of India (SEBI) earlier this month passed a significant order relating to the country’s largest stock exchange, the National Stock Exchange (NSE) of India. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Remiss regulator) – Feb 21, 2022.

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The Hindu Editorial (Remiss regulator) – Feb 21, 2022:

remiss (adjective) – careless, neglectful, lax, irresponsible, inattentive, heedless.
regulator (noun) – an association/statutory body that supervises a particular business activity.
National Stock Exchange (NSE) (noun) – The National Stock Exchange of India Limited is the country’s leading financial exchange, with headquarters in Mumbai. It was incorporated in 1992 and, since then, has evolved into an advanced, automated, electronic system offering trading facilities to investor across the country. In 2015, this exchange system ranked the fourth place in the world according to the metric of its trading volume. Trading commenced in 1994 with the launch of the wholesale debt market and a cash market segment shortly thereafter.
fiasco (noun) – failure, mess, blunder; disaster.
Securities and Exchange Board of India (SEBI) (noun) – It was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992. It is the regulator of the securities and commodity market in India owned by the Government of India.
reaffirm (verb) – assert, state, say again strongly.
mandate (noun) – requirement.
interest (noun) – common concerns (in politics/business).
securities (noun) – investments, shares, holdings, equities, bonds; securities (shares) of a company formally admitted to the trading platform of the (Stock) Exchange.
in particular (phrase) – particularly, specifically, especially.
spotlight (verb) – highlight, underline, underscore; draw/focus attention to.
tardiness (noun) – belatedness, unpunctuality, lateness/delay.
adjudicate (verb) – adjudge, judge, decide, settle, resolve.
regulatory (adjective) – organizational, supervisory.
violation (noun) – contravention, breaking, non-compliance.
then (adjective) – earlier, previous.
admission (phrase) – acknowledgement, acceptance, recognition, expression, declaration, confession, revelation.
of one’s own admission (phrase) – according to oneself.
allege (verb) – state, affirm, claim, indicate; charge, accuse (without proof).
governance (noun) – administration.
task (verb) – assign a task to.
board (noun) – committee, council, panel, directorate, commission, group, delegation.
norm (noun) – standard, convention, rules of conduct.
Nomination and Remuneration Committee (noun) – Every Listed Public Company’s Board of Directors of the Company (Board) constituted the committee (in compliance with Section 178 of the Companies Act, 2013 read along with the applicable rules thereto and Regulation 19 of Listing Regulation) to be known as the Nomination and Remuneration Committee consisting of three non-executive directors out of which two shall be the Independent Directors. The Chairman of the Committee shall be an Independent Director. The Nominations and Remuneration Committee is responsible for evaluating the balance of skills, knowledge, experience and diversity of the Board, and periodically reviewing the Board’s structure and identifying potential candidates to be appointed as Directors, and preparing a description of the role and capabilities required for a particular appointment.
Nomination and Remuneration Committee of NSE (noun) – Pursuant to Section 178 of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), the Board of Directors of NSE is mandated to constitute a Nomination and Remuneration Committee which shall, amongst other things, formulate the criteria for determining qualifications, positive attributes and independence of a Director and criteria for identifying persons who may be appointed in senior management and recommend to the Board a policy, relating to the remuneration for the directors, key managerial personnel and other employees. (‘Pursuant to’ means in accordance with).
flag (verb) – indicate, identify, point out.
irregularity (noun) – impropriety, incorrectness, illegitimacy, inappropriateness, unacceptability; inconsistency, variability.
pertain to (verb) – concern, relate to, be connected with.
lack (noun) – absence, unavailability, non-existence.
in the course of – (phrase) – during (the particular time/activity).
stumble upon (phrasal verb) – find something accidentally/unintentionally; come across something by chance.
documentary evidence (noun) – any evidence that is, or can be, introduced at a trial in the form of documents, as distinguished from oral testimony/evidence.
point to (verb) – indicate, suggest, denote.
conclusion (noun) – decision, judgement, inference, interpretation, reasoning.
base on (phrasal verb) – form, establish.
findings (noun) – conclusion arrived at (as a result of an inquiry).
forensic (adjective) – relating to the application of scientific knowledge & methods to legal problems and legal proceedings.
audit (noun) – assessment, evaluation, appraisal, inspection, examination, scrutiny.
Ernst & Young (EY) (noun) – it is one of the Big Four accounting firms in the world that provide audit, transaction advisory. The Company offers assurance, audit, tax, financial, and business advisory services to various industries. A multinational professional services network with headquarters in London, England. EY is one of the largest professional services networks in the world.
inexplicably (adverb) – in a way something can not be accountable/explainable/understandable.
ostensibly (adverb) – in a way that something appears or is officially stated to be true/real, but it might not be; apparently, seemingly, allegedly, professedly, supposedly, purportedly.
unlikely (adjective) – doubtful, implausible, improbable, questionable.
beneficiary (noun) – recipient, receiver.
vault (verb) – jump over, cross over, leap over.
compensation (noun) – payment, settlement.
to be sure (phrase) – certainly, surely; used to highlight something.
acknowledge (verb) – accept, recognize, realize.
hamstring (verb) – restrict, cripple, hinder, obstruct, slow down (the ability or efficiency of someone/something); to make ineffective, to make powerless.
dilatory (adjective) – delaying, postponing, deferring.
missive (noun) – official communication, press release, bulletin, message, advisory, statement, report, notification, announcement.
Market Infrastructure Institutions (MIIs) (noun) – MIIs, which include stock exchanges, clearing corporations and depositories, are “systemically important institutions as they inter-alia (among other things), provide infrastructure necessary for the smooth and uninterrupted functioning of the securities market”.
infrastructure (noun) – the basic physical or organisational structure or framework that a country or organization needs in order to function properly. For a whole nation, it includes all the physical systems such as buildings, roads & railways networks, utilities, etc.
charge with (verb) – assign a duty (responsibility, task, job); order, command, direct, instruct, tell, demand, require.
distressingly (adverb) – upsettingly, worryingly, affectingly.
oversight (noun) – supervision, surveillance, inspection, administration, management, direction, control.
conduct (noun) – behaviour, way of behaving, performance, way of working; actions, acts, activities, deeds.
hardly (adverb) – barely, almost not.
cover oneself in glory (phrase) – perform/do something very well.
far too (phrase) – way too, much too.
spill ink (phrase) – to write, particularly professionally.
voyeuristically (adverb) – in a method that relates to enjoyment/pleasure from watching other’s pain/suffering.
guide (noun) – adviser, counsellor.
conclude (verb) – come to the conclusion, deduce, infer, decide.
establish (verb) – prove, demonstrate, show, show to be true, indicate, signify, signal, display, determine, validate, confirm, verify.
onus (noun) – responsibility, duty, burden.
holy cow (noun) – an exclamation/sudden utterance of surprise/excitement/shock.
regime (noun) – system.