Rbi’s welcome steps to reform hfcs

The Economic Times

Rbi’s welcome steps to reform hfcs
17,Jul,2020

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.

Surge (noun)

Meaning- A sudden large increase, typically a temporary one. तेज़ी से चढ़ना

Synonyms: Sudden Increase, Rise, Growth

Antonyms: Decrease, Decline, Reduction, Downswing

Example: She felt a sudden surge of anger.

Affix (verb)

Meaning - Stick, attach, or fasten (something) to something else. जोड़ना

Synonyms: Attach, Bind, Add

Antonyms: Detach, Remove, Undo

Example: The label should be firmly affixed to the package.

Knee-jerk (adjective)

Meaning- Produced in reaction to something, without any serious thought. बिना सोचे

Synonyms: Unintentional, Unthinking, Inadvertent, Unpremeditated

Antonyms: Thoughtful, Careful, Reasoned

Example: It was a knee-jerk reaction on her part.

Outrage (noun)

Meaning- A strong feeling of shock and anger. नाराज़गी

Synonyms: Indignation, Fury, Resentment, Affront

Antonyms: Pleasure, Happiness, Delight, Cheer

Example: She was filled with a strong sense of moral outrage.

Mitigate (verb)

Meaning- To make something less harmful, serious, etc. गम्भीरता कम करना

Synonyms: Alleviate, Palliate, Assuage, Attenuate

Antonyms: Aggravate, Intensify, Worsen, Increase

Example: Soil erosion was mitigated by the planting of trees.

Deleterious (adjective)

Meaning- Harmful and damaging. हानिकारक

Synonyms: Damaging, Detrimental, Injurious

Antonyms: Beneficial, Helpful, Harmless

Example: Divorce is assumed to have deleterious effects on children.

Perverse (verb)

Meaning - Showing a deliberate and obstinate desire to behave in a way that is unreasonable or unacceptable. ज़िद्दी

Synonyms: Obstinate, Recalcitrant, Annoying

Antonyms: Flexible, Compliant, Agreeable

Example: She finds a perverse pleasure in upsetting her parents.

Reconciliation (noun)

Meaning - The restoration of friendly relations. फिर से मेल या मिलाप

Synonyms: Reuniting, Settlement, Harmonization

Antonyms: Disagreement, Dissension, Incompatibility

Example: The pair are bravely attempting a reconciliation.

Spike (noun)

Meaning -A sudden large increase in something. बढ़ोतरी

Synonyms: Rise, Growth, Swell

Antonyms: Decrease, Lessening, Reduction

Example: A spike in oil prices would have a devastating effect.

Parse (verb)

Meaning - Analyse (a string or text) into logical syntactic components. परीक्षण करना

Synonyms: Analyse, Research, Study, Inspect

Antonyms: Ignore, Neglect, Overlook

Example: To prove that it does, try manually parsing the input string such as we did above.

The editorial

Source: The Economic Times · 17 Jul 2020

banking, comprising non-banking financial companies (NBFCs) and housing finance companies (HFCs). The Reserve Bank of India (RBI) has invited public comments on its proposed regulatory changes for HFCs. RBI should, straightaway, open a repo window for NBFCs and HFCs, akin to banks, so as to boost liquidity.

NBFCs and HFCs provide credit for the unbanked and underserved segments and, thus, complement the banking sector. Credit from banks and shadow banks stood in the ratio of 70:30 for FY19, as per RBI data. NBFCs account for 30% of auto loans, HFCs provide 42% of housing loans. Yet, for years, the requisite regulatory scrutiny of NBFCs and HFCs has been sketchy; the law was changed only last year to bring HFCs under RBI’s direct supervision. Capital requirements of HFCs are being raised for prudential purposes.

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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 Knee-jerk

2. Antonym of Affix

3. Synonym of Reconciliation

4. Antonym of Surge

5. Synonym of Perverse

Want the full 30-question quiz with All India rank? It is in the Vocab24 app.

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