Today’s article, ‘Messy fix: the amended insolvency code’ has been picked from ‘The Hindu’
This article talks about the amended ‘Insolvency and Bankruptcy Code’ and says that the amended code may hurt the key aims of the original law.
Challenging Words in the Article –
1) Unscrupulous (Adjective) (नीतिज्ञानहीन): un-skroo-pyuh-lus
Meaning – having or showing no moral principles; not honest or fair.
Synonyms – unprincipled, unethical, immoral, amoral
Antonyms – ethical, honest
Sentence –The unscrupulous teacher offered to raise her student’s grade if he gave her one hundred dollars.
2) Deem (समझना) (verb) : de-e-m
Meaning – to view in a particular manner, consider in a specified way
Synonyms – Regard as, think, suppose, view
Antonyms –Disregard, accuse, ignore
Example –Because I am still running a very high temperature, the doctor does not deem me fit to leave the hospital.
3) Germane (सार्थक ) (adjective)- ger-mane
Meaning – relating to a subject in an appropriate way
Synonyms – appropriate, suitable, pertinent
Antonyms – irrelevant, unrelatable
Example – The councilman tried to steer the discussion back to germane topics that were actually on the agenda.
4) Mala fide (बुरे इरादे से) (Adjective, Adverb) – mala-fie-d
Meaning – in bad faith; with intent to deceive.
Synonyms – evasive, ambidextrous
Example – We need to prevent the completion of any sale which is perceived to be mala fide.
5)Quibble (noun) (मामूली आपत्ति ) – kwi-bal
Meaning – a slight objection or criticism.
Synonyms – Minor criticism, trivial objection, trivial complaint
Antonyms – Acceptance, agreement
Example –The only quibble about this book is the price.
6) Retrospective ( Noun) (पुनरावलोकन) – retro-spec-tive
Meaning – looking back on or dealing with situations, or situations, relating to things that occurred previously
Synonyms– backdated, retroactive, ex-post facto, backwards-looking
Example –The pictures provided us with a retrospective look at the World War II concentration camps.
7) Intervention (Noun) (हस्तक्षेप) – In-ter-when-shun
Meaning – the action or process of intervening
Synonyms – interference, arbitration
Example – China has registered a protest against foreign intervention.
8)Substantial (Adjective) (मजबूत) – Subs-tan-cial
Meaning – referring to something that is greater or larger than normal
Synonyms – considerable, real, material, weighty,
Antonyms – insubstantial, worthless
Example – Known for his substantial efforts in winning, the competitive boy rarely could find someone to play against because the opponent knew he would lose.
Word of The Day
- Fortuitous (Verb) – आकस्मिक
- Meaning – happening by accident or chance
- Synonyms – accidental , unpredictable , fortunate ,chance ,unplanned
- Antonyms – intentional, planned, calculated, predictable
- Example (English) – Long ago, Neil had a fortuitous meeting with a television producer in a party, which helped him become a star.
- Example (Hindi) –बहुत पहले, नील की एक टेलीविजन निर्माता के साथ एक पार्टी में आकस्मिक बैठक हुई थी,जिससे उन्हें सुपरस्टार बनने में मदद मिली |
Now try to answer the following questions which are based on the given article –
- What is the aim behind the changes in the Insolvency and Bankruptcy Code as mentioned in the passage?
- What are the main objectives of IBC according to the passage?
Given below are some words to check your vocabulary? Make sentences with those words in the comment section which will be reviewed by us:
- End up