The Hindu Editorial (Risks remain) – Sep 03, 2018

The Indian economy grew at an impressive rate of 8.2% in the April-June quarter this year, its fastest pace in nine quarters, according to official GDP data released on Friday. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Risks remain) – Sep 03, 2018.

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Today’s word list-1 for The Hindu Editorial (Risks remain) – Sep 03, 2018:

spurt (noun) – a sudden burst, increase of activity.
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.
prop (verb) – support, bolster up, buttress.
shrink (verb) – reduce/diminish, lessen, dwindle.
lead-up (noun) – circumstances, conditions, situation.
clock (verb) – register/record; achieve, gain.
in sync (phrase) – working well together; in agreement.
in_no_small_measure (phrase) – to a very great extent.
owing to (phrase) – because of, as a result of, on account of.
lingering (adjective) – remaining, long-lasting, persisting.
impending (adjective) – nearing, imminent, forthcoming/about to happen.
capital_formation (noun) – capital accumulation; the process of building up the capital stock of a country.
march (verb) – advance, progress,develop/evolve.
discredit (verb) – disgrace/dishonour; disprove, invalidate.
compromise on (verb) – give way, yield, change one’s mind.
current account deficit (noun) – the amount by which money relating to trade, investment etc going out of a country is more than the amount coming in.
spiral (noun) – the process of deterioration, decline, decrease.
inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
a slew of (noun) – a large number of, lot, range.
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.
spur (verb) – motivate, encourage, stimulate.
decelerate (verb) – slow down, reduce speed, slack up.
normalcy (noun) – a normal condition; normality, regularity.
mar (verb) – spoil, ruin, impair/damage.
congenial (adjective) – agreeable/pleasant, appealing, welcome.
far from (phrase) – not, not at all, nowhere near.
sustain (verb) -maintain, continue, retain.
pursuit (noun) – aspiration for, quest for, objective/aim/goal of.