Steadying hand – The Hindu (Oct 05, 2017)

Steadying hand – The Hindu (Oct 05, 2017)

The Reserve Bank of India’s Monetary Policy Committee has since inception retained its unwavering focus on its primary remit: the preservation of price stability. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-1 (To Improve English Vocabulary)

1. fillip (noun) – stimulus, boost, encouragement/impetus.
2. inception (noun) – establishment, institution, formation/initiation.
3. unwavering (adjective) – steady, fixed, resolute/firm.
4. remit (noun) – area of responsibility, area of activity, task, scope.
5. preservation (noun) – conservation, protection, safeguarding.
6. benchmark (adjective) – standard, point of reference, basis/yardstick.
7. inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
8. spell out (phrasal verb) – explain, make clear, elucidate/clarify.
9. rationale (noun) – reason/basis; principle; motivation.
10. firm (up) (verb) – having a steady value.
11. in the wake of (phrase) – aftermath, as a consequence of, as a result of.
12. appreciably (adverb) – considerably, substantially, significantly.
13. prospects (noun) – possibilities, potential, expectations.
14. anticipate (verb) – expect, foresee, predict.
15. kharif crop (noun) – monsoon crops; Seeds sowing in the beginning of the monsoon and harvesting at the end of the season (oct-nov) in the South Asia.
16. loan waiver (noun) – it is the waiving of the real or potential liability of the person or party who has taken out a loan through the voluntary action of the person or party who has made the loan (Courtesy: Wikipedia).
17. roil (US term for rile) (verb) – irritate, annoy, bother.
18. exert (verb) – apply, employ, exercise.
19. provisional (adjective) – interim, temporary; tentative/transitional.
20. marked (adjective) – noticeable, striking, distinct.
21. uptick (noun) – a small increase.
22. respondent (noun) – litigator, opponent, disputant.
23. welter (noun) – confusion, tangle; a state of disorder.
24. escalation (noun) – rapid increase, rise; intensification.
25. heightened (adjective) – intensified, increased, enhanced.
26. volatility (noun) – likely to change in a very sudden or extreme way.
27. unwind (verb) – undo; ease up; to close a position with an offsetting trade.
28. in the face of (phrase) – despite, in spite of, notwithstanding, regardless of.
29. juxtaposition (noun) – comparison, contrast; proximity/nearness.
30. outlook (noun) – prospects, expectation, future.
31. overwhelming (adjective) – formidable, very strong, forceful.
32. solitary (adjective) – lonely, companionless, unaccompanied.
33. dissent (noun) – disagreement, lack of agreement, difference of opinion.
34. reiterate (verb) – repeat, say again, restate.
35. imperative (noun) – necessary condition, essential, requirement.
36. reinvigorate (verb) – re-energize, fortify, strengthen.
37. spur (verb) – stimulate, encourage, motivate/urge.
38. onus (noun) – responsibility, duty, burden.
39. lay on (phrasal verb) – demand/require someone to deal with a responsibility.
40. squarely (adverb) – precisely, exactly, directly.
41. recapitalisation (noun) – it is a type of corporate reorganization involving substantial change in a company’s capital structure, especially by replacing debt with stock.
42. call for (phrasal verb) – require, need/necessitate, demand.
43. regime (noun) – system, arrangement, scheme.
44. stalled (adjective) – obstructed, hindered, interrupted.
45. baton (noun) – responsibility, duty.
46. running (noun) – handling; operation, working/functioning.

Note:  

1. Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/.

2. Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context. Use it with the corresponding article published on the source (website) via the link provided. 

3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.