The Hindu Editorial (Focus on inflation) – Oct 06, 2018
The Reserve Bank of India pulled a surprise on the markets on Friday by keeping its benchmark interest rate unchanged at 6.5%. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Focus on inflation) – Oct 06, 2018.
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Today’s word list-1 for The Hindu Editorial (Focus on inflation) – Oct 06, 2018:
- inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
- stick to (phrasal verb) – abide by, keep, adhere to.
- pull a surprise on someone (phrase) – surprise someone by doing something unexpected.
- benchmark (adjective) – standard, basis, model.
- stand pat (phrase) – sticking to the decision firmly.
- calibrated (adjective) – assessed, adjusted, regulated.
- consensus (noun) – an idea or opinion that is shared by all the people in a group. agreement, concurrence.
- downtrend (noun) – decline, downturn, slump/nosedive.
- take a hit (phrase) – be affected/suffered badly.
- bond yield (noun) – bond yield is the annualized percentage return that an investor will obtain from buying a bond. In general, the yield of a bond is inversely proportional to its price. This means that as the yield increases, the price decreases (and vice versa).
- notwithstanding (preposition) – in spite of, despite, regardless of.
- reiterate (verb) – repeat, say again, restate.
- financial stability (noun) – financial stability is a condition where the financial system is able to withstand internal or external economic shocks and also able to smoothly conduct its core tasks.
- piecemeal (adjective & adverb) – a little at a time, bit by bit, in stages.
- foreign exchange reserve or forex (noun) – Foreign exchange. Forex (exchange) reserves are the amounts of assets /money in foreign currencies that a country has in its central bank (in India, it is Reserve bank of India).
- keep (powder) dry (phrase) – be prepared for an emergency.
- prudent (adjective) – wise, sensible, careful/ far-sighted.
- run-up to (noun) – a period/time before an important event.
- spook (verb) – shock, appal, panic/frighten.
- fiscal deficit (noun) – In simple language, the difference between total revenue and total expenditure of the government is termed as fiscal deficit. it is the amount by which government expenses exceed income.
- kick in (phrasal verb) – come into effect.
- going forward (phrase) – from now on, in the future.
- Federal Reserve (US) (noun) – the central banking system of the United States (The Reserve Bank of India (RBI) is India’s central banking institution).
- juggle (verb) – cope with, deal with (by managing several activities cleverly).
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.
3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.
Today’s word list-1 for The Hindu Editorial (Focus on inflation) – Oct 06, 2018:
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