The Hindu Editorial Vocabulary 31st December 2024

The Hindu Editorial Vocabulary 31st December 2024 is an effective tool for regularly learning new words and their contextual meanings. Candidates can utilize this free resource daily to improve their vocabulary knowledge, especially those preparing for government exams like the IBPS PO, SBI Clerk, SSC, and Others.

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Currency concerns: on the rupee

The rupee’s rapid stumble poses a fresh challenge for the economy

It has been a tumultuous (chaotic or turbulent) time for the Indian rupee even as the Reserve Bank of India (RBI) has been actively stepping into the foreign exchange market to stem its free fall in pursuit of what it calls an ‘orderly’ exchange movement. The rupee had hit an all-time low of 85 to the U.S. dollar on December 19. Last Friday, it came precariously (dangerously or unstable) close to the 86-mark before a late intervention by the central bank pulled it back to 85.53. A confluence (coming together) of factors at work have hurt the rupee in recent times, including the sustained outflows of foreign portfolio investments from securities markets after key indices peaked in late September. Overstretched (beyond reasonable limits) stock valuations, a demotivating corporate performance in the July-September quarter, and China’s economic stimulus, nudged emerging market portfolios from Mumbai to Beijing. The Donald Trump factor added a fresh headwind (a difficulty or obstacle) with the dollar strengthening since his U.S. presidential electoral victory, and emerging market currencies were further rattled by his warning of a 100% tariff on BRICS nations for a common currency plan to challenge the dominance of the U.S. dollar in global trade.

Even before fears about Mr. Trump’s generally protectionist stance on trade matters materialise (become actual or real), India’s goods trade story is sputtering (struggling or failing to progress). Record trade deficits and import bills are going to show up in this quarter’s current account deficit, which is expected to double from around 1.2% of GDP in the second quarter. Services trade is still throwing up a surplus but the uncertainty around the H-1B visa regime will be a key monitorable (something that can be watched for developments), despite Mr. Trump’s latest soothing comments on the system. The previous RBI Governor, Shaktikanta Das, did well to forthrightly (directly and honestly) dismiss the BRICS currency as just an idea in the air, and stress that India has no de-dollarisation agenda. The government must also issue an unequivocal (clear and unambiguous) statement to this effect in public fora and in diplomatic parleys (discussions or negotiations) to put the issue to rest. It is true that the currencies of other emerging markets have taken a bigger hit and a falling rupee bodes well for exporters, but India also needs to worry about importing inflation, especially on inelastic (items whose demand doesn’t change much with price changes) items such as edible oil and crude petroleum. Moreover, foreign investment flows are uncertain as is the U.S. monetary policy outlook for 2025. There is also a limit to the extent the central bank can deploy forex reserves to manage the rupee’s trajectory, and the Finance Ministry has conceded that recent exchange rate movements cramp the freedom for monetary policymakers. India’s present economic woes are linked to domestic drivers such as faltering consumption and reluctant investments. With the rupee coming under pressure, the country’s external resilience could be tested as well in 2025, and policymakers must gear up to manage this new risk.

Hindu Vocab Wordlist 31st December 2024

Upskill yourself and enhance your vocabulary knowledge. Candidates should begin learning new words daily with Hindu Editorial Vocabulary on 31st December 2024.

1. Tumultuous: Involving a lot of noise, excitement, activity, or violence.
2. Precariously: In a way that is likely to fall, collapse, or be lost.
3. Confluence: The place where two rivers or streams join to become one, or the situation where two things join or come together.
4. Overstretched: Not able to cope with something because it is too difficult or too much.
5. Headwind: A wind that is blowing directly against the direction of travel, making progress slower or more difficult.
6. Materialise: To appear or become real, or to happen.
7. Sputtering: To make a series of short, quick sounds, or to fail to happen properly or with force.
8. Monitorable: Able to be watched, checked, or measured to keep track of progress or changes.
9. Forthrightly: In a direct and honest way, without evasion or ambiguity.
10. Unequivocal: Very clear and having only one possible meaning, leaving no doubt.

Hindu Vocab Master 31st December 2024 with Synonyms & Antonyms

Here are the synonyms and antonyms of all the difficult words in Hindu Vocab Master Hindi equivalents for all the words for 31st December 2024:

Word	Synonyms	Antonyms
Tumultuous	chaotic, turbulent, uproarious, wild	calm, peaceful, stable, orderly
Precariously	dangerously, riskily, shakily, unsteadily	securely, firmly, safely, stably
Confluence	meeting, junction, convergence, union	separation, divergence, division, disconnection
Overstretched	overburdened, exhausted, strained, overloaded	rested, relaxed, comfortable, capable
Headwind	obstacle, hindrance, barrier, setback	tailwind, advantage, aid, help
Materialise	appear, emerge, happen, occur	vanish, disappear, fade, recede
Sputtering	stuttering, faltering, misfiring, stammering	flowing, steady, smooth, coherent
Monitorable	observable, trackable, measurable, watchable	unobservable, invisible, unmeasurable, imperceptible
Forthrightly	directly, openly, honestly, plainly	evasively, ambiguously, indirectly, hesitantly
Unequivocal	clear, unambiguous, definite, certain	vague, unclear, ambiguous, uncertain