The Hindu Editorial (Signalling optimism) – Oct 12, 2020

Editorial Words

4 years ago

The Hindu Editorial (Signalling optimism) – Oct 12, 2020

The RBI has used its latest monetary policy review to unequivocally indicate that it will prioritise the revival of economic growth over inflation,… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Signalling optimism) – Oct 12, 2020.

To read this article, click here.

This preview is provided here with permission.

Courtesy: The Hindu

Today’s word list-1 for The Hindu Editorial (Signalling optimism) – Oct 12, 2020:

optimism (noun) – hopefulness, hope, confidence, positive attitude, buoyancy.
hold (verb) – cause to stay at a certain value or level, keep something unchanged.
sought (past tense) of seek (verb) – try, attempt, be intent on, aim at.
talk up (phrasal verb) – to talk about something in a method to make it more interesting/attractive seemingly.
i nflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
monetary policy (noun) – monetary policy refers to the use of monetary instruments under the control of the central bank to regulate magnitudes such as interest rates, money supply and availability of credit with a view to achieving the ultimate objective of economic policy. (Courtesy: https://www.rbi.org.in)
unequivocally (adverb) – clearly, well definedly; unambiguously, categorically, unmistakably.
prioritise (verb) – make a point of, highlight, call attention to (something as very important).
revival (noun) – improvement, rallying, picking up; comeback.
The monetary policy committee (MPC) (noun) – it is a six-member panel that is expected to bring “value and transparency” to rate-setting decisions. It will feature three members from the RBI — the Governor, a Deputy Governor and another official — and three independent members to be selected by the Government. The MPC will meet four times a year to decide on monetary policy by a majority vote.
unanimously (adverb) – without opposition, agreed to by everyone involved.
categorically (adverb) – absolutely, unquestionably, certainly, clearly, unequivocally, unambiguously.
accommodative (adjective) – accommodating, cooperative, helpful.
stance (noun) – position, opinion, standpoint.
revive (verb) – restore, revitalize, renew, bring back.
durable (adjective) – able to withstand, strong, substantial.
mitigate (verb) – reduce, lessen, decrease, make less severe.
none-too- (phrase) – far from; not very.
subtly (adverb) – cleverly, astutely, shrewdly.
tilt away (phrasal verb) – change, deviate, diverge (from a course of plan).
downplay (verb) – play down, under emphasize, understate; make something to look less important/significant.
front (noun) – a particular situation.
supply shock (noun) – a sudden and unexpected change in a cost variable, such as oil prices, commodity prices or wages (or) an event that suddenly increases or decreases the supply of a commodity or service, or of commodities and services in general.
tolerance (band/level) (noun) – deviation, fluctuation, variation (band/level).
posit (verb) – put forward, set forth, present, propose.
dissipate (verb) – disappear, vanish, dissolve.
unlock (verb) – free up (from restrictions); undo.
supply chain (noun) – a network between a company and its suppliers to produce and distribute a specific product to the final buyer.
project (verb) – forecast, predict, estimate, calculate.
forward-looking (adjective) – progressive, ambitious, reforming, dynamic.
dissent (verb) – to express opposite/disagreeing/conflicting opinions/ideas.
wording (noun) – expression, phrasing, words.
glean (verb) – obtain, get, take/gather, collect (information with difficulty).
dovish (adjective) – peaceful, diplomatic, accommodating.
leeway (noun) – freedom, scope/flexibility, latitude/elbow room.
tame (verb) – control, make less powerful, suppress.
go to great lengths (phrase) – to make a major effort or try very hard (to do something).
emphasise (verb) – draw attention to, put stress on, underscore, highlight.
hump (noun) – bulge, swelling, outgrowth.
transient (adjective) – temporary, short-term or impermanent.
phenomenon (noun) – occurrence, event, happening.
look through (phrasal verb) – to go through or examine something.
impulse (noun) – (strong & sudden) urge/instinct, compulsion, need.
to one’s feet (phrase) – to a firm/strong position.
liquidity (noun) – the availability of liquid assets; liquidity means liquid assets; cash; (liquid asset is an asset which can be easily sold/converted into cash without losing its value); a measure of activity (i.e. the ability to buy or sell easily) in a market.
credit flow (noun) – availability of credit.
reiterate (verb) – repeat, say again, restate.
resource-strapped (adjective) – relating to someone who has less resource; poor, impoverished, disadvantaged, dispossessed, underprivileged.
resort to (verb) – use, utilize, turn to, have recourse to.
substantially (adverb) – considerably, significantly, largely.
contraction (noun) – In economics, it refers to a decline in national output as measured by gross domestic product.
forecast (verb) – predict, foresee, estimate, foretell.
assumption (noun) – belief, supposition, expectation, speculation, conjecture.
disquiet (noun) – uneasiness, agitation, restlessness, distress/concern.
projection (noun) – forecast, prediction, calculation.
overlook (verb) – miss, fail to notice, leave unnoticed.
persistence (noun) – continuance, continuity, permanency.
bottleneck (noun) – a condition which appears as not solvable and so delays the process; snag, difficulty/problem.
cost-push inflation (noun) – inflation caused by an increase in prices of inputs like labour, raw material, etc.
food price inflation (noun) – the rise in the prices of most goods and services of food & related things.
entrenched (adjective) – ingrained, established, embedded.
outlook (noun) – prospects, expectations, hopes, lookout.