Unwavering caution — The Hindu (Dec 07, 2017)

Unwavering caution — The Hindu (Dec 07, 2017)

For the Reserve Bank of India there is just one economic indicator that dominates its policymaking calculus: price stability. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-1 (To Improve English Vocabulary)

1. unwavering (adjective) – steady, fixed, resolute/firm.
2. inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
3. articulate (verb) – express, communicate, state/announce.
4. sustainable (adjective) – valid, reliable, dependable.
5. rationale (noun) – reason/basis; principle; motivation.
6. horizon (noun) – range of experience, outlook, perspective/perception.
7. firm up (phrasal verb) – make something resolute/firm.
8. spell out (phrasal verb) – explain, make clear, elucidate/clarify.
9. 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).
10. volatile (adjective) – unpredictable, fluctuating, changeable.
11. staggered (adjective) – unsteady, volatile, changing.
12. second-order ripple (noun) – each action has effect/consequence (ripple) and each effect/consequence of it has another effect/consequence and it is called second order effect/consequence (ripple).
13. lend (verb) – give, provide, add.
14. respite (noun) – rest, break, interval/breathing space.
15. headline (noun) – it is a measure of the total inflation within an economy, including commodities such as food and energy prices (e.g., oil and gas).
16. prospects (noun) – chances, possibilities, expectations.
17. shortfall (noun) – defect, imperfection, deficiency.
18. 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.
19. rabi crop (noun) – winter crops; Seeds sowing in the beginning of the winter and harvesting at the end of the season (apr-may) in the South Asia.
20. sow (verb) – plant the seeds of a crop.
21. notwithstanding (adverb) – nevertheless, nonetheless, in spite of that.
22. recapitalise (verb) – substantial change in a company’s capital structure by providing more capital, especially by replacing debt with stock.
23. revive (verb) – reintroduce, re-establish, restore.
24. buttress (verb) – support, assist, strengthen.
25. finding (noun) – conclusion, decision, verdict.
26. posit (verb) – base something on the truth of (a particular assumption).
27. uptick (noun) – a small increase.
28. proffer (verb) – suggest, propose, put forward.
29. circumspection (noun) – caution, carefulness, wariness.
30. 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).
31. rate cuts (noun) – a decision by a central bank (RBI) to reduce its main interest rate to the banks (like SBI, ICICI & etc) when these commercial banks get money from the RBI. Once this rate goes down, the banks are in a position to give loans at lower interest rates to individuals and the industry.
32. credo (noun) – attitude; morality,belief/idea.

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.