The Hindu Editorial (Alert amid uncertainty) – Aug 08, 2020

Editorial Words

4 years ago

The Hindu Editorial (Alert amid uncertainty) – Aug 08, 2020

The RBI has prudently decided to keep its powder dry for now, citing the “extreme uncertainty” that characterises the current outlook… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial () – Aug 08, 2020.

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Today’s word list-1 for The Hindu Editorial (Alert amid uncertainty) – Aug 08, 2020:

amid (preposition) – in the middle of, surrounded by; during.
uncertainty (noun) – unpredictability, unreliability, riskiness/precariousness.
hold (verb) – continue, carry on, keep up.
inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
outlook (noun) – prospects, expectations, forecast.
prudently (adverb) – carefully, cautiously; sensibly.
keep one’s powder dry (phrase) – be prepared for an emergency.
characterise (verb) – represent, describe, outline.
unprecedented (adjective) – not done or experienced before.
shock (noun) – disturbance causing volatility/uncertainty in an economy.
pandemic (noun) – the worldwide spread of a new disease; The illness spreads around the world and typically affects a large number of people across a wide area.
stress (verb) – pressurize, overstretch, burden, upset, distress.
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.
primacy (noun) – importance, priority, preference, first place.
mindful (adjective) – aware of, conscious of, heedful of.
picture (noun) – situation, condition, circumstances.
cloud (verb) – spoil, ruin, wreck, mess up.
provisional (adjective) – tentative, makeshift; transitional, temporary.
consumer price index (CPI) (noun) – it is defined as the change in the prices of a basket of goods and services that are typically purchased by specific groups of households. To put it simply, it tracks the prices of goods and services purchased by consumers.
headline retail inflation (noun) – it is a measure of the total inflation within an economy, including commodities such as food and energy prices. The CPI monitors retail prices at a certain level for a particular commodity. The change in the price index over a period of time is referred to as CPI-based inflation, or retail inflation.
core inflation (noun) – it is a measure of the total inflation within an economy, excluding commodities such as food and energy prices (which change frequently).
edge (over) (verb) – to increase by a small amount.
bound (noun) – a limiting value.
spike (noun) – a sharp increase.
cost push inflation (noun) – cost-push inflation occurs when we experience rising prices due to higher costs of production and higher costs of raw materials.
vow (verb) – affirm, pledge, promise/swear, make a commitment.
accommodative (adjective) – accommodating, cooperative, helpful.
revive (verb) – restore, revitalize, renew, bring back.
durable (adjective) – long-lasting, strong, substantial.
sight (verb) – notice, observe, spot, discern, detect.
household (noun) – family, house.
elevated (adjective) – high, raised.
broadly (adverb) – generally, usually, commonly.
back (verb) – support, endorse, approve, advocate.
prognosis (noun) – forecast, prediction, projection.
worrisome (adjective) – worrying, distressing/upsetting, troublesome.
turn in (phrasal verb) – achieve, reach, attain.
robust (adjective) – strong, powerful.
on the back of (phrase) – as a result of, after/subsequent, consequential, resultant; in support of.
deterioration (noun) – breakdown, degradation, worsening, decline.
undermine (verb) – reduce, diminish, spoil, damage, weaken.
prospects (noun) – chances, possibilities, expectations, outlook.
broadbased (adjective) – wide-ranging, general.
revival (noun) – improvement, rallying, picking up, betterment.
headwinds (noun) – (in business) situations or conditions that make growth harder/difficult. Whereas tailwinds describe a situation or condition that will move growth, revenues, or profits higher.
recession (noun) – economic decline, downturn, slump.
shrink (verb) – lessen, reduce, decrease.
forecast (verb) – predict, foresee, estimate, foretell.
contraction (noun) – In economics, it refers to a decline in national output as measured by gross domestic product.
Gross domestic product (GDP) (noun) – a measure of economic activity in a country. It is the total value of a country’s annual output of goods and service.
fiscal (adjective) – financial.
rather (adverb) – somewhat, a bit, slightly.
optimistically (adverb) – hopefully, confidently, positively.
posit (verb) – put forward, set forth, present, propose.
containment (noun) – an act of keeping something (harmful) under control (it means quickly identifying cases of coronavirus through testing, placing infected individuals in isolation, tracking who infected persons might have been in contact with and potentially quarantining those who came into contact with infection so that the disease doesn’t continue to spread).
impart (verb) – pass on, transmit, spread, transfer, give.
upside (noun as modifier) – positive, beneficial, advantageous.
macro-economic (adjective) – relating to the branch of economics concerned with large-scale factors (interest rates/national productivity).
skirt (verb) – avoid, evade, sidestep, dodge, circumvent, bypass.
heightened (adjective) – increased, intensified, worsen, aggravated.
inbound foreign capital (noun) – money entering the country as capital/investment from abroad.
pose (verb) – raise, ask, put (a question/matter for consideration).
untangle (verb) – find a solution to, resolve, clear up, clarify.
kink (noun) – problem, difficulty, complication.
hinder (verb) – obstruct, impede, inhibit, hamper.
credit flow (noun) – availability of credit.
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.
wary (adjective) – cautious, careful, circumspect, alert.
stressed (adjective) – strained, overtaxed, pressurized.
moot (verb) – propose, suggest, put forward.
sheer (adjective) – utter, complete, total, absolute, outright.
devastation (noun) – destruction, damage, havoc/wreckage.
onus (noun) – responsibility, duty.
reset (verb) – re-establish.
viable (adjective) – manageable, feasible, effective.