Today’s article, ‘Testing times: on the bad loans menace’ has been picked from ‘The Hindu’
This article talks about the Financial Stability Report released by the Reserve Bank of India which shows that non-performing assets (NPAs) in the banking system as a whole rose to 10.2% at the end of September which was 9.6% at the end of March. The article says that structural reforms are the only feasible and long-term solution to handle the rising problem of NPA in Indian Banking System.
Challenging Words in the Article –
1)Menace (noun) (खतरा): men-ace
Meaning – an individual or situation that causes problems
Synonyms – danger, peril, risk, hazard, threat
Antonyms – help, defence, assist
Example – Identify theft is a huge menace to the digital world of today.
2)Turn the corner (phrase) (सुधार होना)
Meaning – To begin to find success or improvement after a particularly difficult or troubling period
Synonyms – improve, get better, pick up, look up
Antonyms – worsen, deteriorate
Example –Their new startup took a couple of years to get going , but they turned the corner when their product was featured in a high-profile tech magazine.
3)Ailing (adjective) (बीमार): ail-ing
Meaning – not feeling well
Synonyms-: ill, unwell, sick, weak
Antonyms – fit, healthy, strong
Example – Because I was ailing, I took a sick day and stayed home from work.
4)Reckless (adjective) (लापरवाह) – rek-less
Meaning – unconcerned to danger or the consequences; careless
Synonyms – rash, careless, thoughtless, incautious
Antonyms – prudent, heedful, wary
Example – Reckless people do not think about others before they act.
5)Spared(verb) (बख्शा) – es-paired
Meaning – give (something of which one has enough) to (someone).
Synonyms – afford, do without, manage without, get along without, dispense with
Example – Not a man was spared when terrorists attacked the town.
6)Cushion (verb) (नरम करना, कम करना) -ku-shun
Meaning – mitigate the adverse effects of.
Synonyms– soften, lessen, diminish, decrease
Antonyms – Aggravate, agitate, annoy
Example – To cushion the blow, wages and pensions were increased.
7)Rein in (phrase) ( नियंत्रित करना ) – rein-in
Meaning- To tighten control over someone or something; to diminish someone or something.
Synonyms– restrain, slow down,
Antonyms – Release, free, unleash
Example – The government needs to rein in journalists ; they shouldn’t be writing such inflammatory pieces about the president
8)Viable (adjective) (व्यवहार्य) – vahy-uh-bull
Meaning – having the possibility of being achieved or developed, capable of working successfully
Synonyms – workable, feasible, practicable, practical
Antonyms – unsustainable, impossible
Example – If the project is not viable, there is no reason for us to consider it.
9)Recapitalisation (noun) (पुनर्पूंजीकरण) – recapi-tal-ai-zashun
Meaning – to provide (a bank, financial institution, or corporation) with more capital , to renew or change the capital structure of.
Example – A recapitalization of the company is required to boost up its growth.
10)Insolvency (noun) (दिवालियापन) – in-sol-vency
Meaning – the situation where the liabilities of a person or firm exceed its assets, unable to pay debts owed and buy goods
Synonyms – bankruptcy, liquidation, failure, collapse, ruin
Antonyms – solvency, affluence
Example – As the economy has entered a sharp downturn so the unemployment and insolvencies can be expected to increase.
Word of the Day
- Delectable (Adjective) – बहुत आकर्षक
- Meaning – extremely attractive
- Synonyms – delightful, lovely, captivating, appealing
- Antonyms – horrible, unattractive
- Example (English) – Viswanathan Anand of India defeated current champion Magnus Carlsen in a delectable game.
- Example (Hindi) -भारत के विश्वनाथन आनंद ने एक बहुत आकर्षक खेल में मौजूदा चैंपियन मैग्नस कार्ल्सन को हराया।
Now it’s time to check your vocabulary. We have given below some words from the same article. Try to make sentences with these words in the comment section which will be reviewed by us.
- To address