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”.
This preview is provided here with permission.
Courtesy: The Hindu
Word List-1 (To Improve English Vocabulary)
- fillip (noun) – stimulus, boost, encouragement/impetus.
- inception (noun) – establishment, institution, formation/initiation.
- unwavering (adjective) – steady, fixed, resolute/firm.
- remit (noun) – area of responsibility, area of activity, task, scope.
- preservation (noun) – conservation, protection, safeguarding.
- benchmark (adjective) – standard, point of reference, basis/yardstick.
- inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
- spell out (phrasal verb) – explain, make clear, elucidate/clarify.
- rationale (noun) – reason/basis; principle; motivation.
- firm (up) (verb) – having a steady value.
- in the wake of (phrase) – aftermath, as a consequence of, as a result of.
- appreciably (adverb) – considerably, substantially, significantly.
- prospects (noun) – possibilities, potential, expectations.
- anticipate (verb) – expect, foresee, predict.
- 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.
- 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).
- roil (US term for rile) (verb) – irritate, annoy, bother.
- exert (verb) – apply, employ, exercise.
- provisional (adjective) – interim, temporary; tentative/transitional.
- marked (adjective) – noticeable, striking, distinct.
- uptick (noun) – a small increase.
- respondent (noun) – litigator, opponent, disputant.
- welter (noun) – confusion, tangle; a state of disorder.
- escalation (noun) – rapid increase, rise; intensification.
- heightened (adjective) – intensified, increased, enhanced.
- volatility (noun) – likely to change in a very sudden or extreme way.
- unwind (verb) – undo; ease up; to close a position with an offsetting trade.
- in the face of (phrase) – despite, in spite of, notwithstanding, regardless of.
- juxtaposition (noun) – comparison, contrast; proximity/nearness.
- outlook (noun) – prospects, expectation, future.
- overwhelming (adjective) – formidable, very strong, forceful.
- solitary (adjective) – lonely, companionless, unaccompanied.
- dissent (noun) – disagreement, lack of agreement, difference of opinion.
- reiterate (verb) – repeat, say again, restate.
- imperative (noun) – necessary condition, essential, requirement.
- reinvigorate (verb) – re-energize, fortify, strengthen.
- spur (verb) – stimulate, encourage, motivate/urge.
- onus (noun) – responsibility, duty, burden.
- lay on (phrasal verb) – demand/require someone to deal with a responsibility.
- squarely (adverb) – precisely, exactly, directly.
- recapitalisation (noun) – it is a type of corporate reorganization involving substantial change in a company’s capital structure, especially by replacing debt with stock.
- call for (phrasal verb) – require, need/necessitate, demand.
- regime (noun) – system, arrangement, scheme.
- stalled (adjective) – obstructed, hindered, interrupted.
- baton (noun) – responsibility, duty.
- running (noun) – handling; operation, working/functioning.
-
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/.
-
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.
-
This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.