The Hindu Editorial (Investigate the deal) – Nov 11, 2021

More than a year following the arrival of the first batch of 36 Rafale fighter jets from France, the controversy over L’affaire Rafale refuses to die down, notwithstanding the high quality… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Investigate the deal) – Nov 11, 2021.

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The Hindu Editorial (Investigate the deal) – Nov 11, 2021:

L’affaire (noun) – it is used before a proper noun to indicate a political scandal/controversy connected with the particular person or company, etc.
Rafale (noun) – extremely powerful, superbly agile and very discrete, the latest type of combat aircraft from Dassault Aviation. Dassault Aviation is an international French aircraft manufacturer of military and business jets, and is a subsidiary of Dassault Group.
middlemen (noun) – broker, agent, go-between, intermediary.
bid (noun) – offer, tender, proposal.
die down (phrasal verb) – to become less active; to become less powerful.
notwithstanding (conjunction) – although, in spite of the fact that, despite the fact that, even though.
fit (noun) – applicability, suitability, aptness, appropriateness.
desperate (adjective) – in great need of, urgently requiring, in want of, lacking.
augment (verb) – increase, intensify; improve, boost, enhance.
squadron (noun) – an (air force) unit consisting a number of military aircrafts (2 or more) and their personnel deployed on a surveillance duty to protect a country’s skies; unit, contingent, regiment.
Mediapart (noun) – an independent French online investigative journal.
portal (noun) – website.
alleged (adjective) – supposed, claimed, professed, purported, reported, ostensible.
invoice (noun) – bill, statement of charges.
aviation (noun) – air transport.
kickback (noun) – bribe, illegal payment.
procedural (adjective) – structured, well ordered, methodical, systematic.
violation (noun) – breach, breaking, contravention, non-observance.
offset policy & offset partner (noun) – Under the offset policy, the foreign defence entities, for all contracts worth more than ₹ 300 crore, were mandated to spend at least 30 per cent of the total contract value in India through procurement of components, transfer of technologies or setting up of research and development facilities (with the help of offset partner in India).
clause (noun) – section, point, requirement, condition, provision.
waive (verb) – relieve a borrower of the obligation/liability to repay a loan.
bank guarantee (noun) – As a part of business, banks issue guarantees on behalf of their customers for various purposes.The guarantees executed by banks comprise both performance guarantees and financial guarantees.The guarantees are structured according to the terms of agreement, viz., security, maturity and purpose.
inter- (prefix) – between.
Inter-Governmental Agreement (IGA) (noun) – An intergovernmental agreement (IGA) is any agreement that involves or is made between two or more governments in cooperation to solve problems of mutual concern.
point to (verb) – indicate, suggest, denote.
dubious (noun) – suspicious, questionable, doubtful, untrustworthy.
proposal (noun) – offer, tender, bid.
withdraw (verb) – discontinue, stop, terminate, remove.
flyaway (adjective) – relating to an aircraft (particularly a newly manufactured one) that is ready to fly.
account for (phrasal verb) – provide, give (a specified amount).
besides (preposition/linking adverb) – in addition to, as well, apart from.
offshore (verb) – register a business (or department) at foreign country to take advantage of lower taxes or less regulations.
shell company (noun) – a non-trading company used as a vehicle for various financial manoeuvres (operations).
classified (adjective) – officially secret; private, personal.
deadlock (verb) – tie, draw, reach a point/level (with no progress made).
Benchmark price (BP) (noun) – The price per unit of quantity in a specific segment of the international marketplace, set by the country or producers’ organization that consistently exports the largest quantity or volume. Simply put, the standard price of a product (set by the country or producers’ organization) that helps to compare your prices to the prices of the competition in a specific market segment.
price-redacted (adjective) – price-corrected.
audit (noun) – assessment, evaluation, appraisal, inspection, examination, scrutiny.
Comptroller and Auditor General (CAG) of India (noun) – it is empowered to audit all expenses from the combined fund of the union or state governments, whether incurred within India or outside.
table (verb) – submit, put forward, present, propose, introduce.
point out (phrasal verb) – identify, mention, indicate, draw attention to.
procurement (noun) – the action of procuring/purchasing/buying something.
enhancement (noun) – improvement, augmentation.
India-specific enhancements (ISE)on Rafales (noun) – India-specific enhancements on the Rafales include a helmet-mounted sight, radar warning receivers, flight data recorders with storage for 10 hours of data, infrared search and track systems, jammers, cold engine start capability to operate from high-altitude bases, and towed decoys to ward off incoming missiles.
meet (verb) – fulfil, satisfy, match up to, conform to, comply with.
bid-compliant (adjective) – relating to a bid which correctly and completely responds to all of the requirements that are considered mandatory or important.
qualitative (adjective) – relating to the quality of something.
unequivocally (adverb) – clearly, well definedly; unambiguously, categorically, unmistakably.
acquisition (noun) – purchase, procurement, possession (of a company).
streamlining (noun) – efficient, well run, well organized methods.
buttress (verb) – confirm, defend, back up, uphold, support, strengthen, reinforce, fortify.
revelation (noun) – disclosure, communication, announcement, report; a surprising fact, declaration, utterance.
shed light on (phrase) – explain, elucidate, clarify.
muck up (phrasal verb) – make a mess of, mess up, bungle, spoil, ruin, wreck, mishandle, mismanage.
favour (verb) – support, back, approve of, recommend.
at the very least (phrase) – to put it mildly, without any exaggeration.
Enforcement Directorate (ED) (noun) – Directorate of Enforcement is a specialized financial investigation agency under the Department of Revenue, Ministry of Finance, Government of India. It was established in the year 1956 with its Headquarters at New Delhi. It is responsible for enforcement of the Foreign Exchange Management Act, 1999 (FEMA) (Civil Law) and certain provisions under the Prevention of Money Laundering Act, 2002 (PMLA) (Criminal Law).
wish away (phrasal verb) – to desire or hope that a problematic issue or situation will disappear without (you) doing anything about it.
after all (phrase) – most importantly, above all, beyond everything.
preparedness (noun) – readiness.
interest (noun) – common concerns (in politics/business).
dictate (verb) – determine, prescribe, lay down, set out.
readiness (noun) – preparedness; willingness, inclination to do something.
hand-in-hand (phrase) – together, in close association, concurrently, closely.
propriety (noun) – morality, rightness, correctness, appropriateness, good manners.