English Vocabulary from “The Hindu Editorial”-(Day-88)

Important English Vocabulary from “The Hindu Editorial”-(Day-88):

Dear Readers, to score good marks in English Section first and for most thing is you need to develop your reading skills, while reading a passage you need to highlight the tough words in it and you should know the correct meaning for those words. This will help you understand the passage clearly and also you can learn more new words, it means also you can develop your vocabulary. To help you in this part we have provided a English Vocabulary passage along with meaning, synonyms and usages of hard words in the passage, make use of it. We also providing Important Vocabulary Quiz based on “THE ECONOMIST” and “THE HINDU”

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The Hindu Editorial – 30.01.2018

Cautious Optimism

The Economic Survey underscores the need to maintain fiscal credibility

The Economic Survey for 2017-18 paints the picture of an economy that gives reason for both optimism and caution.  It projects that GDP growth could accelerate to 7-7.5% in 2018-19, from 6.75% in the current fiscal, reinstating India as the world’s fastest-growing major economy. According to Chief Economic Adviser Arvind Subramanian, the key factors contributing to the positive prognosis are the reform measures: the July 1 implementation of the Goods and Services Tax and the steps taken to address the twin balance sheet problem in the banking sector. The latter includes the push to use the Insolvency and Bankruptcy Code for debt resolution and the initiative to recapitalise public sector banks. Adding to these domestic enablers are the fair winds of a global recovery that have already lent a lift to overseas demand for India’s goods and services. But capitalising on these favourable factors while remaining vigilant to other macroeconomic threats, including a key risk in the form of persistently high oil prices, would require exemplary economic stewardship. Among the concerns the CEA has flagged is one relating to what the Survey calls “a classic emerging market ‘sudden stall’ induced by sharp corrections to elevated stock prices.” With Indian stock indices continuing to soar to new highs on an almost daily basis, the Survey warns against “sanguineness about its sustainability”. A correction in the stock market, besides triggering capital outflows, could force policymakers to raise interest rates, choking off the nascent recovery. On the fiscal front, the survey contends that the Centre needs to reappraise its priorities. The onus, it argues, has to be squarely placed on establishing and maintaining policy credibility. To this end, it argues against “setting overly ambitious targets for consolidation, especially in a pre-election year” that are based on optimistic and unrealistic assumptions. Instead, it recommends a “modest consolidation” that would signal a return to the path of calibrated deficit reductions. In doing so, it appears that the Survey is signalling that the government may have to retain the elbow room to stabilise the GST, complete the recapitalisation exercise and, most crucially, support agriculture. Devoting an entire chapter to ‘Climate, Climate Change and Agriculture’, the CEA and his team have stressed on the dangers climate change poses to the outlook for farm growth. With the potential to reduce annual agricultural incomes — by  as much  as  20-25%  for unirrigated areas — the Survey calls for a range of mitigation measures including extensive provision of efficient irrigation technologies and a wholesale review of the cereal centric approach to policy. Citing job creation and education as key priorities, the Survey sets out a plan for rapid economic expansion by recommending that policymakers  keep  their  sights  trained on  strengthening “the only two truly sustainable engines — private investment and exports.”

Renaissance man

At the Australian Open, Roger Federer gave us more reasons to believe he is the greatest ever

Roger Federer’s iridescent late-career renaissance continued at the Australian Open on Sunday. The Swiss maestro has now won three of the last four Grand Slam events he has entered — a success rate great champions usually achieve during their athletic prime, not in the mid-30s. Indeed, Ken Rosewall, who claimed the 1972 Australian Open at 37, is the only man older than Federer (36 years and 173 days) to have won a Major singles title in the Open Era. Perhaps the most remarkable aspect of Federer’s  record-extending  20th Grand Slam crown was the certainty that accompanied it. Where last year’s triumph in Melbourne was startling — it was his first Major victory in nearly five years — Federer entered the second week this time as the firm favourite. His striking, well-proportioned game looked in good order. Significantly, he seemed in no trouble taking the ball impossibly early; his repurposed single handed backhand was equal to the task. A large part of his success over the last year owes itself to this more urgent style of play, which both conserves energy and discomfits the opponent. Although rewarding, it is a method fraught with risk.  It requires the full range of

Federer’s  genius to pull it off — in particular, his sense of timing and innate understanding of court-space. Through the fortnight, he balanced this risk-reward equation expertly, making the final without a set dropped.  The draw might have cleared for Federer — neither Novak Djokovic nor Rafael Nadal kept his appointment with the World No. 2 — but Marin Cilic proved a formidable adversary in the title round. The 6’6” Croat has reserves of easy power and moves well for someone his size. A Major winner himself, Cilic is no stranger to the big stage. Federer tightened up at least once during the match.  He later admitted that in the fourth set his “mind was all over the place” — “I was so close and I was telling myself, ‘Don’t mess it up,’ and then that’s exactly what I did.” But the greatest of athletes find a way of silencing the voice of doubt that whispers in their ear.  If anything, Federer, at this stage of his career, seems to have become better at it. He appears more adept at relaxing into the moment and seizing it: he did it to spectacular effect against Nadal in Melbourne last year, shedding the mental baggage of defeats past; Cilic has never worried Federer in a similar manner, but victory demanded a masterful calming of the nerves. It is this ability to continually refurbish and nuance all facets of his game — the physical, the mental, the tactical, and the technical — that allows Federer to outcompete and outlive much younger opponents. It is this that sets him apart, even among the pantheon of tennis’s finest.

 

1). Vigilant (Adjective)

Definition: keeping careful watch for possible danger or difficulties.

Synonyms:  watchful, on the lookout, observant, sharp-eyed, keen-eyed, gimlet-eyed

Usage: the burglar was spotted by vigilant  neighbours

 

2). Stewardship (Noun)

Definition:  the job of supervising or taking care of something, such as an organization or property.

Synonyms: Control, maintenance, Protection, Supervision 

Usage:  the funding and stewardship of the NHS

 

3). Sanguineness (Adjective)

Definition:  Cheerfully confident optimistic

Synonyms:  At ease, accepting

Usage: sanguine about the prospects for an improved economy.

 

4). Choking (Verb)

Definition: (of a person or animal) have severe difficulty in breathing because of a constricted or obstructed throat or a lack of air.

Synonyms:  gag, retch, cough, struggle for air, fight for breath, gasp

Usage: Willie choked on a mouthful of tea

 

5). Centric (Adjective)

Definition: in or at the centre; central.

Synonyms: Center, Middle, Nucleus.

Usage: centric and peripheral forces

 

6). Formidable (Adjective)

Definition: inspiring fear or respect through being impressively large, powerful, intense, or capable.

Synonyms:  intimidating, forbidding, redoubtable, daunting, alarming, frightening

 Usage: a formidable opponent

 

7). Adversary (Noun)

Definition: one’s opponent in a contest, conflict, or dispute

Synonyms:  opponent, rival, enemy, foe, nemesis, antagonist, combatant, challenger

Usage: Davis beat his old adversary in the quarter-finals

 

8). Refurbish (Verb)

Definition: renovate and redecorate (something, especially a building).

Synonyms: renovate, recondition, rehabilitate, revamp, make over, overhaul

Usage: the premises have been completely refurbished in our corporate style

 

9). Nuance (Noun)

Definition:  a subtle difference in or shade of meaning, expression, or sound.

Synonyms:   fine distinction, subtle, distinction/difference, shade, shading, gradation, variation.

Usage: he was familiar with the nuances of the local dialect

 

10). Outlive (verb)

Definition: survive or last beyond (a specified period or expected lifespan)

Synonyms:  live on after, live longer than, outlast, remain alive after, survive

Usage: the organization had largely outlived its usefulness

 

11). Pantheon (Noun)

Definition: a group of famous or important people.

Synonyms: important, famous

Usage: the pantheon of the all-time greats.

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