The Hindu Lead Article (Inappropriate template for a legitimate target) – Jul 19, 2019

The Hindu Lead Article (Inappropriate template for a legitimate target) – Jul 19, 2019

The recently-released Economic Survey either glosses over or ignores many acute challenges faced by the Indian economy — like the severe agrarian crisis;… For further reading, visit “The Hindu”. Below is today’s advanced word list-1 for The Hindu Lead Article (Inappropriate template for a legitimate target) – Jul 19, 2019.

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Courtesy: The Hindu

Today’s Advanced Word List 1 for The Hindu Lead Article (Inappropriate template for a legitimate target) – Jul 19, 2019:

  1. template (noun) – model, pattern/example, blueprint.
  2. legitimate (adjective) – permissible, allowable, admissible.
  3. call for (phrasal verb) – demand, need/require, necessitate.
  4. incongruously (adverb) – inappropriately (with no harmony).
  5. invoke (verb) – cite, refer to, adduce.
  6. gloss over (phrasal verb) – conceal, hide, camouflage.
  7. agrarian (adjective) – relating to cultivating/farming.
  8. debt-ridden (adjective) – having too much of debt.
  9. plague (verb) – afflict, torment, trouble.
  10. insight (noun) – understanding, revelation, realization/appreciation.
  11. odd (adjective) – strange, peculiar/unusual, weird.
  12. underline (verb) – underscore, emphasize, highlight.
  13. revive (verb) – energize, strengthen, fortify.
  14. stress (verb) – emphasize, draw attention to, underscore.
  15. age-old (adjective) – old-time, historic, long-established.
  16. flounder (verb) – struggle financially, be in dire straits, face financial ruin.
  17. household (noun) – family, house.
  18. demographic dividend (noun) – it is defined as a boost in economic productivity that occurs when there are growing numbers of people in the workforce relative to the number of dependents (or) it is the accelerated development that can arise when a population has a relatively large proportion of working-age people coupled with effective human capital investment.
  19. macroeconomic stability (noun) – it describes a national economy that has minimized vulnerability to external shocks, which in turn increases its prospects for sustained growth (Courtesy: The Ruet Institute).
  20. inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
  21. leverage (verb) – use, make use of, utilize (to maximum gain).
  22. couple with (verb) – combine, integrate/incorporate, connect.
  23. fiscal discipline (noun) – the ability of government to balance revenues and expenditures.
  24. crowd out (phrasal verb) – oust, eject, remove/exclude.
  25. intermediate (verb) – negotiate, arbitrate, moderate.
  26. cornerstone (noun) – focus/crux, fundamental principle, central component.
  27. shelter (verb) – protect, keep safe, shield/cover.
  28. resort to (verb) – use, utilize, turn to.
  29. calibrated (adjective) – carefully assessed/analysed.
  30. oversight (noun) – management, administration, supervision.
  31. repression (noun) – restraint, control, check.
  32. conventionally (adverb) – usually, commonly, normally.
  33. undertake (verb) – commit oneself pledge/vow, guarantee/assure.
  34. the ceiling price (noun) – the maximum price allowed for a product or service.
  35. market equilibrium (noun) – the state in which market supply and demand balance each other, and as a result, prices become stable.
  36. disintermediation (noun) – the removal of intermediaries in economics from a supply chain, or cutting out the middlemen in connection with a transaction or a series of transactions.
  37. shadow banking system (noun) – a term for the collection of non-bank financial intermediaries that provide services similar to traditional commercial banks but outside normal banking regulations.
  38. low-yielding (adjective) – producing a low yield (profit).
  39. forestall (verb) – pre-empt, obstruct, prevent.
  40. sophisticated (adjective) – modern, advanced, highly developed.
  41. free market (noun) – an economic system of buying and selling that is not under the control of the government, and where people can buy and sell freely.
  42. vertical industrial policy (noun) – it is defined as government support for specific firms or industries (picking winners or supporting losers) and measured by state aid granted by Member States to the manufacturing sectors.
  43. horizontal industrial policy (noun) – In the horizontal approach, economists provide inputs that a broad range of firms, across different sectors, need for their growth and development.
  44. literacy (noun) – knowledge.
  45. incentive (noun) – stimulus, impetus, boost.
  46. sunset clauses (noun) – sunset clauses (rules or laws) are ones which cancel rules or laws that were made in the past.
  47. phase out (phrasal verb) – finish, end, discontinue.
  48. prosper (verb) – flourish, do well, succeed.
  49. bureaucracy (noun) – administration, government, the establishment.
  50. autonomous (adjective) – self-governing/ruling, independent, sovereign.
  51. emphasise (verb) – draw attention to, highlight, make a point of.
  52. stick to (phrasal verb) – abide by, adhere to, fulfil.
  53. middle income trap (noun) – a theoretical economic development situation, in which a country that attains a certain income gets stuck at that level.
  54. heterodox (adjective) – unorthodox, nonconformist, freethinking/revisionist.
  55. acceleration (noun) – increase, rise, surge/escalation.
  56. hostile (adjective) – opposed; aggressive, confrontational/belligerent.
  57. compulsion (noun) – impulse, need, desire.
  58. haphazard (adjective) – disorderly, irregular, random.
  59. perverse (adjective) – difficult, unreasonable, uncooperative.
  60. policy uncertainty (noun) – a class of economic risk where the future path of government policy is uncertain, raising risk premia/risk premium and leading businesses and individuals to delay spending and investment until this uncertainty has been resolved.
  61. acquisition (noun) – acquiring, collection/procurement, appropriation.
  62. reignite (verb) – evoke, call up, stimulate.

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/.bigotry, narrow-mindedness
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. 
3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.

Today’s Advanced Word List 1 for The Hindu Lead Article (Inappropriate template for a legitimate target) – Jul 19, 2019:

The Hindu Lead Article (Inappropriate template for a legitimate target) – Jul 19, 2019 The Hindu Lead Article (Inappropriate template for a legitimate target) – Jul 19, 2019 The Hindu Lead Article (Inappropriate template for a legitimate target) – Jul 19, 2019

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