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Challenges before Urjit Patel – The Hindu (Aug 22, 2016)

Editorial Words

Challenges before Urjit Patel – The Hindu (Aug 22, 2016)

The decision to pick Reserve Bank of India Deputy Governor Urjit Patel as the successor to outgoing Governor Raghuram Rajan is a clear affirmation of the Centre’s commitment to ensure policy continuity at the central bank. For further reading, visit “The Hindu”.

Word List:

  1. successor (noun) – heir, descendant; replacement. (its antonym is predecessor (noun) – forerunner, precursor, antecedent).
  2. affirmation (noun) – assertion, statement, proclamation, pronouncement.
  3. remit (noun) – area of responsibility, area of activity, task, scope.
  4. reiterate (verb) – repeat, say again, restate, iterate, recapitulate.
  5. backing (noun) – support, help, aid; approval, commendation, blessing.
  6. fiscal conservative (noun) – someone who advocates the avoidance of deficit spending, the reduction of overall government spending and national debt, and ensuring balanced budgets. (Courtesy: Wikipedia)
  7. hardline (adjective) – uncompromising, strict, diehard, undeviating.
  8. insider (noun) – member, staff member, representative; participant.
  9. credentials (noun) – qualifications, achievements, qualities, aspects.
  10. substantive (adjective) – important & meaningful.
  11. low-profile (noun) – keep quiet, keep out of the public eye, avoid publicity.
  12. discreet (adjective) – careful, cautious; tactful, prudent.
  13. plain-speaking (adjective) – outspoken, speaking frankly, straightforwardly.
  14. instructive (adjective) – informative, instructional, informational; useful.
  15. helm (verb) – manage, head.
  16. inherit (verb) – succeed to, accede to, assume, take over, come into.
  17. unclog (verb) – streamline, smooth-running, make efficient, facilitate, ease.
  18. pipeline (noun) – channel, system.
  19. build-up (noun) – increase, growth, expansion, development.
  20. stressed asset (noun) – an account where principal and/or interest remains overdue for a period of time; non-performing asset (NPA).
  21. expedite (verb) – speed up, accelerate; finish/accomplish/achieve quickly.
  22. restraint (noun) – constraint, check, control, restriction.
  23. stint (noun) – period, time, spell, term (at a particular work).
  24. stand someone in good stead (idiom) – be great helpful to someone; be useful to someone; be beneficial to someone.
  25. have his work cut out (idiom) – to have a difficult work/task to complete.
  26. cadre (noun) – small (core) group, key group, body, team.

Note:

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