Welcome move on privatising banks

The Economic Times

Welcome move on privatising banks
04,Jun,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.

Tad (noun)

Meaning- A very small amount. थोड़ा

Synonyms: Small portion, Small piece, Portion, Segment, Part

Antonyms: Whole, Total, Entire

Example: Could you turn the sound down just a tad?

Banish (verb)

Meaning- Get rid of (something unwanted). दूर करना

Synonyms: Dispel, Dismiss, Cast out, Expel, Drive off, Ostracize

Antonyms: Admit, Allow, Accept, Take in

Example: Television was banished from the Swinton household some years ago.

Usurp (verb)

Meaning- To take somebody’s position and/or power without having the right to do this. अन्याय से ले लेना

Synonyms: Seize, Take Over, Arrogate, Appropriate, Wrest

Antonyms: Give in, Capitulate, Yield, Relent

Example: He attempted to usurp the principal’s authority.

Usher (verb)

Meaning- Show or guide (someone) somewhere. रास्ता दिखाना

Synonyms: Escort, Accompany, Lead the way, Guide, Convoy

Antonyms: Neglect, Ignore, Disregard

Example: The secretary ushered me into his office.

Behemoth (noun)

Meaning- Something that is very big and powerful, especially a company or organization. विशालकाय

Synonyms: Titan, Giant, Goliath

Example: She works in a seventy-storey behemoth in Manhattan.

Wield (verb)

Meaning- Have and be able to use (power or influence). उपयोग करना

Synonyms: Exercise, Exert, Hold, Maintain, Be in charge of, Control

Antonyms: Neglect, Ignore, Disregard, Avoid

Example: She wields enormous power within the party.

Gofer (noun)

Meaning- A person whose job is to do small boring tasks for other people, especially in an office or on a film set. छोटा मोटा प्रशासनिक काम करने वाला

Synonyms: Dogsbody, Subordinate, Lackey, Minion

Example: He had worked his way from a gofer in the front office to general manager.

Retribution (noun)

Meaning- Severe punishment for something seriously wrong that somebody has done. कठोर दण्ड प्रतिकार

Synonyms: Punishment, Nemesis, Retaliation, Vengeance

Antonyms: Pardon, Clemency, Forgiveness, Mercy

Example: People are seeking retribution for the latest terrorist outrages.

Disgruntled (adjective)

Meaning- Angry or dissatisfied. असन्तुष्ट ग़ुस्सैल

Synonyms: Discontented, Aggrieved, Displeased, Malcontent, Resentful

Antonyms: Contented, Satisfied, Pleased, Gratified

Example: Judges received letters from disgruntled members of the public.

Ire (noun)

Meaning- Anger. क्रोध

Synonyms: Wrath, Rage, Fury, Outrage, Choler

Antonyms: Pleasure, Calmness, Delight, Cheer

Example: The plans provoked the ire of conservationists.

The editorial

Source: The Economic Times · 4 Jun 2020

The government is toying with the idea of privatising some public sector banks (PSBs). This is welcome in principle. The government’s stated policy on strategic sectors of the economy is to limit the number of State-owned enterprises to four. If banking is classified as a strategic sector, and it is difficult to classify it otherwise, the government has to either merge PSBs further to reduce their number to four or privatise some of the smaller ones. In either case, a necessary pre-requisite is to create a governance and supervision framework that would render the nature of ownership, whether public or private, immaterial to the functioning of the bank. That would include shoring up the banks’ capital buffers, including some tiers of capital meant primarily to absorb risk, providers of which would need higher than normal returns to induce them to make that capital available.

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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 Usurp

2. Antonym of Disgruntled

3. Synonym of Behemoth

4. Antonym of Ire

5. Synonym of Usher

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

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