Breaking impasse over perpetual bonds

The Economic Times

Breaking impasse over perpetual bonds
16,Mar,2021

10 words from this day's editorials with Hindi meaning

Read the words first, then the editorial: you will meet them in the text and remember them. Tap a word for its dictionary page.

Thrall (noun)

The state of being in someone's power, or of having great power over someone. ग़ुलाम

Synonyms: Power, Clutches, Grasp, Control

Antonyms: Liberty, Freedom

Example: Another is to suppose that those who disagree with us are in thrall to some evil power.

Embark (verb)

Begin (a course of action). आरंभ करना

Synonyms: Begin, Start, Commence, Initiate

Antonyms: Disembark, Finish, End, Stop

Example: She embarked on a new career.

Forestall (verb)

Prevent or obstruct (an anticipated event or action) by taking advance action. पहले से निवारण करना

Synonyms: Prevent, Avert, Preclude, Thwart

Antonyms: Allow, Encourage, Assist

Example: Any plans for a peaceful settlement were forestalled by the intervention of the army.

Unleash (verb)

To suddenly let a strong force, emotion, etc. be felt or have an effect. उन्मुक्त करना

Synonyms: Release, Vent, Express, Air, Take out

Antonyms: Control, Handle, Manage, Hold, Restrain

Example: The government's proposals unleashed a storm of protest in the press.

Concrete (adjective)

Specific; definite. ठोस

Synonyms: Solid, Substantial, Firm

Antonyms: Vague, General

Example: It came through concrete example and abstract argument.

Emanate (verb)

Originate from. उत्पन्न होना

Synonyms: Derive from, Arise from, Evolve from, Come from

Antonyms: Drop, Descend

Example: The proposals emanated from a committee.

Insulate (verb)

To protect somebody/something from unpleasant experiences or influences. बचाना

Synonyms: Protect, Safeguard, Defend, Shelter

Antonyms: Desegregate, Integrate, Release

Example: Until now the industry has been insulated from economic realities.

Daunting (adjective)

Making somebody feel nervous and less confident about doing something. भयभीत करने वाला

Synonyms: Intimidating, Discouraging, Disheartening, Unnerving

Antonyms: Encouraging, Heartening, Supporting, Reassuring

Example: She has the daunting task of cooking for 20 people every day.

Nexus (noun)

A connection or series of connections linking two or more things. बंधनसंधि

Synonyms: Join, Junction, Juncture, Intersection

Antonyms: Disassociation, Separation, Disunion

Example: The school cafeteria is the nexus of student activity.

Posit (verb)

Put forward as fact or as a basis for argument. मानना

Synonyms: Postulate, Presume, Hypothesize

Antonyms: Deny, Reject, Refute

Example: They were forced to modify the political premises on which the regime was posited.

The editorial

Source: The Economic Times · 16 Mar 2021

Sebi, the government and the silent participant in the tussle, the RBI, are mum on how to come out of the stand-off over how to value the perpetual bonds that banks issue to beef up their loss absorbing capacity, and are held as quasi-equity in what is called Additional Tier 1 (AT1). The solution must neither damage the prospects of bonds with special features nor leave the prestige of the parties in tatters, although some bruises seem inevitable. Happily, a solution does exist.

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Quick quiz: 5 questions on these words

Synonyms and antonyms, the way exams ask them. Answers show as you tap.

1. Synonym of Concrete

2. Antonym of Embark

3. Synonym of Emanate

4. Antonym of Insulate

5. Synonym of Posit

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