The Hindu Editorial (Tricky call ahead) – Oct 01, 2018

The Reserve Bank of India’s Monetary Policy Committee (MPC) is set to meet for three days, October 3-5, to decide its policy stance. For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Tricky call ahead) – Oct 01, 2018.

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Courtesy: The Hindu

Today’s word list-1 for The Hindu Editorial (Tricky call ahead) – Oct 01, 2018

call (noun) – decision, judgement.
inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
liquidity (noun) – a measure of activity (i.e. the ability to buy or sell easily) in a market.
Federal Reserve (US) (noun) – the central banking system of the United States (The Reserve Bank of India (RBI) is India’s central banking institution).
benchmark (adjective) – standard, basis.
borrowing costs (noun) – borrowing costs are interest and other costs incurred by an enterprise in connection with the borrowing of funds.
bid (noun) – attempt, effort, try.
heightened (adjective) – intensified, increased, amplified.
outflow (noun) – money/assets flowing out of (or leaving) a particular country’s economy.
arbitrage (noun) – buying an asset in one market and selling the same/similar asset in another market to make a profit.
portfolio (noun) – investments, shares, bonds.
depreciation (noun) – devaluation, decrease in value, reduction.
Brent (crude) (noun) – a classification of crude oil produced from the oil platform in the North Sea.
compelling (adjective) – irresistible, forceful, reasonable/uncontrollable.
unequivocal (adjective) – unambiguous, unmistakable, indisputable.
headline inflation (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). 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).
underlying (adjective) – fundamental, basic, essential.
persist (verb) – continue/carry on, remain/linger/stay.
augur well (verb) – indicate, signify, denote.
benign (adjective) – favourable, advantageous, beneficial.
harden (verb) – rise, increase to a steady high price.
Minimum Support Price (MSP) (noun) – it is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices.
kick in (phrasal verb) – come into effect.
roil (verb) – disturb, trouble/scramble, muddle/mess up.
calculus (noun) – a method of calculation.
soothe (verb) – comfort/pacify, settle, conciliate.
ward off (phrasal verb) – prevent, avert, oppose/resist.
unforeseen (adjective) – unpredicted, unexpected, unanticipated.
volatility (noun) – fluctuation, inconsistency, unpredictability.
repo rate (noun) – it is the rate at which the central bank of a country (RBI in case of India) lends money to commercial banks in the event of any shortfall of funds.