Reading Time: 5 minutes

Nearly all the Banking, Insurance, and Government exams have English as an indispensable section. The section checks aspirants’ grasp on a range of factors like vocabulary, grammar, and comprehension. While reading the editorials of a couple of good newspapers is an excellent medium to improve all the three aspects, it becomes at times boring as well. This happens mainly because of two reasons: either the subject is not interesting enough to keep you glued on the article or you stumble across a lot of new and complicated words which you don’t understand. Read the tips to master your vocabulary here.

Generally, it so happens that if there is only one unknown word in a sentence, you kind-of get its sense by reading the remaining sentence. But if there are two or more words placed interwovenly, the sense of the sentence is generally lost and you need to use a dictionary and attempt hard to understand what the sentence is trying to convey. It is for this reason that we are coming up with this article to help you out with the senses of the difficult words used in the editorial of reputed newspapers.

Apart from this there are daily topic wise quizzes that can be attempted including the English ones. Download PracticeMock App for this and take your exam preparation to another level.

New guidelines on e-commerce and data protection are largely positive

The norms on returns and refunds favour consumers

India’s e-commerce sector, poised (ready to do a particular thing; एक विशेष काम करने के लिए तैयार) to grow four times to $150 billion by 2022, is still a work in progress when it comes to safeguarding (protecting; रक्षा करना ) customer interest. Consumers are still compelled (having to do something, because you are forced) to take wild chances in online transactions. There is little they can do if their calls go wrong. Returns and reimbursements (the act of paying back money; पैसे वापस करने का कार्य ) are risky and cumbersome (difficult to do or manage as taking a lot of time and effort; बोझिल ). There are no authentic (real) ways to figure out if product reviews, ratings or even discounts are genuine. So, it is heartening (making you feel happier and more positive; खुश और अधिक सकारात्मक महसूस करवाना ) to see the government coming up with a set of guidelines to protect interests of consumers. The guidelines released last week by the Consumer Affairs Ministry in this regard emphasise that an e-commerce entity shall not influence the price of the goods or services, adopt any unfair or deceptive (misleading; भ्रामक ) methods to influence (to have an effect on people or things; लोगों या चीजों पर प्रभाव डालना ) transactional decisions of consumers or falsely represent themselves as consumers and post reviews about goods and services. The guidelines on returns and refunds favour consumers. The message seems simple: If online companies want to dupe (deceive; ठगना ) consumers to earn extra bucks, they’re in trouble.

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Clearly, the Ministry’s thinking seems to be in line with the way the Centre’s approach to regulating the fast-growing e-commerce sector. It is, however, worth considering whether the Department of Promotion of Industry and Internal Trade (then DIPP) will strike the right balance between regulating consumer interests and encouraging innovation (new ideas; नवाचार ) and investment, without discriminating against a particular class of investors. Now marketplace (the system of buying and selling in competitive conditions; प्रतिस्पर्धी स्थितियों में खरीदने और बेचने की प्रणाली) entities won’t be able to buy more than 25 per cent from a single vendor, give discounts on products or sell the goods of the companies in which there is equity (value of the shares issued by a company;  (किसी कंपनी द्वारा जारी किए गए शेयरों का मूल्य ) participation by the marketplace entity. The changes had irked (annoyed; नाराज़ कर देना ) foreign e-tailers who felt the rules would jeopardise (risk; जोखिम में डालना ) their business models and could cost them time and money. But anecdotal (something which is not based on proven facts; जो सिद्ध तथ्यों पर आधारित न हो ) evidence does not entirely seem to bear that out.

The DPIIT is also framing an e-commerce policy and, like the Consumer Affairs Ministry, has put up the draft for comments. The draft talks about the country retaining ownership and control of data generated within the country, rigorous (strict; सख्त ) monitoring of cross-border imports, placing the responsibility of consumer protection on the intermediary (acting as a mediator; मध्यस्थ ) and addressing the issue of piracy (the act of illegally copying something and selling it; गैरकानूनी रूप से किसी चीज़ की नकल करने और उसे बेचने का कार्य ). That said, the element of indecision over data localisation requirement is still a worry. Attempts made by both the DPIIT and the MeitY in the e-commerce policy and the data protection policy, respectively, to make a case for storage of personal data locally (along with the RBI in the case of payment systems) have predictably resulted in a lot of protests from the EU and US entities. While the Centre is certainly on a sound wicket here, it should take a call soon — without succumbing (losing; हारना ) to the recent tendency to over-regulate business.


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