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Word of the Day (Black Swan)-06AUG22

Word of the Day (Black Swan)-06AUG22

Today’s “Word of the Day” is “Black Swan” and it is a noun meaning “an unpredictable event (of large magnitude and severe consequences); unexpected event, unanticipated event, unforeseen event.

Example Sentence: Addressing a press conference, Governor Shaktikanta Das said the RBI would use a “whatever-it-takes” approach to ensure a safe and soft landing for the economy despite the uncertainties… “Economic growth is resilient and all this [financial stability, microeconomic stability, resilience of growth] has become possible despite two Black Swan events [pandemic and Russia’s invasion of Ukraine] happening one after the other and despite multiple shocks,” Mr Das said.

Word of the Day (Black Swan)-06AUG22

This word is present in The Hindu article RBI raises rates, vows nimble policy and click here to read it.

Courtesy: The Hindu

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