THE HINDU EDITORIAL : DECEMBER 13, 2018
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THE HINDU EDITORIAL : DECEMBER 13, 2018
Dear Banking Aspirants,
THE HINDU EDITORIAL – December 13, 2018, is one of the must-read section for the competitive exams like IBPS Clerk 2018, Canara Bank PO – PGDBF 2018 and IBPS SO 2018. These topics are widely expected to be asked in the reading comprehension, Cloze Test or Error Detection in the forthcoming exams. So gear up your Exam preparation and learn new words daily.
A) Friends for polls: On Congress’s need for more allies
The Congress may have won this round of elections, but it needs more allies
Post-poll alliances between parties, shaped as they are by intractable realities, are easier to form than pre-poll alliances that have to reconcile competing expectations of the prospective partners. Soon after the results of the Assembly elections were out, the Bahujan Samaj Party, which had played hard-to-get with the Congress in pre-election alliance talks, announced its support to the party in both Madhya Pradesh and Rajasthan. The Congress is just short of a majority in these two States, and the BSP’s support was more than welcome. But the Congress leadership may now well pause to consider the huge number of seats that would have been reaped if a pre-poll tie-up with the BSP had materialised, especially in M.P. With 5% of the total vote, the BSP won only two seats; but a pre-poll alliance would have delivered a total of 143 seats for the two parties in the 230-member House. In the first-past-the-post electoral system, a seat-sharing arrangement, though difficult to realise, holds more benefits than a post-poll understanding. Both the Congress and the BSP may therefore be tempted to think ahead on seat adjustments for the 2019 Lok Sabha polls to beat back the BJP’s challenge. For the BSP, the stakes are higher in Uttar Pradesh than in the rest of the Hindi belt. The BSP’s reasoning would be that in M.P., Chhattisgarh and Rajasthan, the Congress needs it more than it needs the Congress. It is for the senior partner with higher stakes to be more accommodative to a junior partner that has nothing to lose and little to gain.
In Chhattisgarh, where a huge swing away from the BJP enabled the Congress to win a two-thirds majority, an alliance may seem unnecessary. But the third front of the BSP and Ajit Jogi’s Janta Congress Chhattisgarh got more than 11% of the vote. Given this, the Congress may have to forestall any attempt by Mr. Jogi to link hands with the BJP. In the Lok Sabha election, it will be critical for the Congress to maximise the yield from M.P. and Rajasthan, both big States, in order to squeeze the BJP at the national level; it may not be enough to just nose ahead as it did in the Assembly elections. If it has learnt from its experience in the Gujarat election last year, the Congress may be persuaded to be more accommodative to prospective partners in the other States where it is in direct contest with the BJP. Every victory not only adds to its own tally, but also denies the BJP. The Congress lost Gujarat despite its alliances, and it won Chhattisgarh, M.P. and Rajasthan without any major allies. But the lesson is that it will have to repeat Gujarat, where it adopted a good strategy, and not Chhattisgarh, where it deployed indifferent tactics.
B) Homeward bound?: on extradition of Vijay Mallya
By fleeing India, Vijay Mallya has only helped establish the charges against him
The judicial order in the United Kingdom allowing the extradition of businessman Vijay Mallya marks a rare victory for India in getting back a fugitive from the law from another jurisdiction. Coming shortly after the United Arab Emirates handed over Christian Michel, the alleged middleman in the AgustaWestland helicopter deal, progress in the Mallya extradition case is another victory for the Central Bureau of Investigation, which is in the throes of a raging controversy over a power tussle involving its two top officers. It must be a matter of satisfaction to the Government of India that the controversy did not affect the outcome of the extradition proceedings before the Westminster Magistrates’ Court in London. Mr. Mallya’s lawyers raised doubts about the CBI’s independence, its alleged susceptibility to political interference, the perception that the ruling Bharatiya Janata Party and the Opposition Congress were using his case to score political points, the possible pressure on Indian courts due to adverse media coverage and, lastly, the conditions in Indian prisons as overcrowded and with appalling facilities for its inmates. Chief Magistrate Emma Arbuthnot rejected these issues. On preliminary evidence, in an order that analyses documents and the sequence of events relating to borrowings made by Kingfisher Airlines from IDBI Bank, she concluded that there is a prima facie case against Mr. Mallya as well as some bank officials. The industrialist does have an opportunity to go on appeal before higher courts. But the categorical finding that there appears to be an intention to defraud, and that the end-use of the borrowed money did not match the stated purpose for which the loans were taken, may make it a little harder for him to obtain relief.
It is clear that fleeing India in March 2016 while a consortium of lenders to the defunct airline was seeking to recover about ₹9,000 crore from the company has not helped Mr. Mallya’s cause, beyond buying him time. He has failed to portray himself as a victim of the political system and the media back home. And the verdict, by which his case has been sent to the U.K. Home Secretary for a formal decision on his extradition, reinforces the widely held perception that his company’s financial predicament is due less to the problems that beset the aviation sector at the relevant time and possible poor management, than to his profligate ways and flamboyant lifestyle. In particular, the extradition court accepted evidence that showed that “the offence may have begun with the obtaining of the loans, but continued with the disbursement of the loan proceedings and his subsequent avoidance of his liabilities”. With the court also having spoken of a prima facie case of money-laundering being established, Mr. Mallya’s attempt to play victim has failed. It is only appropriate that he be brought back to India at the earliest and made to submit himself to the legal process.
VOCABULARY
1) intractable
Meaning : hard to control or deal with.
Tamil Meaning : இயலாத
Synonyms : ungovernable
Antonyms : obliging
Example : “intractable economic problems”
2) reconcile
Meaning : restore friendly relations between.(v)
Tamil Meaning : சரிசெய்யும்
Synonyms : accommodate
Antonyms : confuse
Example : “the king and the archbishop were publicly reconciled”
3) prospective
Meaning : expected or expecting to be the specified thing in the future.
Tamil Meaning : வருங்கால
Synonyms : view
Example : “she showed a prospective buyer around the house”
4) reaped
Meaning : harvest the crop from (a piece of land).(v)
Tamil Meaning : அறுவடை
Synonyms : pick
Antonyms : sow
Example : “farmers agreed to continue reaping the land by traditional means”
5) stakes
Meaning : support (a plant) with a stake or stakes.(v)
Tamil Meaning : பங்குகளை
Synonyms : share
Antonyms : defund
Example : “the gladioli were staked in gaudy ranks”
6) enabled
Meaning : give (someone) the authority or means to do something; make it possible for.(v)
Tamil Meaning : செயல்படுத்தப்பட்ட
Synonyms : permit
Antonyms : prevent
Example : “the evidence would enable us to arrive at firm conclusions”
7) squeeze
Meaning : firmly press (something soft or yielding), typically with one’s fingers.(v)
Tamil Meaning : நெருக்கு
Synonyms : permit
Antonyms : prevent
Example : “Kate squeezed his hand affectionately”
8) persuaded
Meaning : induce (someone) to do something through reasoning or argument.(v)
Tamil Meaning : வற்புறுத்தினார்
Synonyms : induce
Antonyms : unsell
Example : “it wasn’t easy, but I persuaded him to do the right thing”
9) contest
Meaning : engage in competition to attain (a position of power).(v)
Tamil Meaning : போட்டியில்
Synonyms : friction
Antonyms : harmony
Example : “she declared her intention to contest the presidency”
10) denies
Meaning : state that one refuses to admit the truth or existence of.
Tamil Meaning : மறுக்கிறார்
Synonyms : repudiate
Antonyms : espouse
Example : “both firms deny any responsibility for the tragedy”
11) despite
Meaning : contemptuous treatment or behaviour; outrage.
Tamil Meaning : போதிலும்
Synonyms : contempt
Antonyms : tolerance
Example : “the despite done by him to the holy relics”
12) deployed
Meaning : bring into effective action.
Tamil Meaning : நிறுத்தி
Synonyms : redistribute
Example : “small states can often deploy resources more freely”
13) tactics
Meaning : an action or strategy carefully planned to achieve a specific end(n).
Synonyms : technique
Example : “the minority attempted to control the Council by a delaying tactic”
14) extradition
Meaning : the action of extraditing a person accused or convicted of a crime.(n)
Tamil Meaning : சரணடைவதற்கு
Synonyms : refoulement
Example : “they fought to prevent his extradition to the US”
15) fugitive
Meaning : a person who has escaped from captivity or is in hiding.
Tamil Meaning : தப்பியோடிய
Synonyms : elusive
Antonyms : enduring
Example : “fugitives from justice”
16) throes
Meaning : intense or violent pain and struggle, especially accompanying birth, death, or great change.
Tamil Meaning : துடித்துக்கொண்டு
Synonyms : agony
Antonyms : comfort
Example : “he convulsed in his death throes“
17) controversy
Meaning : prolonged public disagreement or heated discussion.
Tamil Meaning : சர்ச்சை
Synonyms : bickering
Antonyms : harmony
Example : “the design of the building has caused controversy”
18) tussle
Meaning : a vigorous struggle or scuffle, typically in order to obtain or achieve something.
Tamil Meaning : மோதல்
Synonyms : brawl
Antonyms : agreement
Example : “there was a tussle for the ball”
19) susceptibility
Meaning : the state or fact of being likely or liable to be influenced or harmed by a particular thing.
Synonyms : awareness
Antonyms : insensitivity
Example : “lack of exercise increases susceptibility to disease”
20) perception
Meaning : the ability to see, hear, or become aware of something through the senses.
Tamil Meaning : கருத்து
Synonyms : approach
Antonyms : concrete
Example : “the normal limits to human perception”
21) appalling
Meaning : causing shock or dismay; horrific.
Tamil Meaning : பயங்கரமான
Synonyms : alarming
Antonyms : beautiful
Example : “the cat suffered appalling injuries during the attack”
22) inmates
Meaning : a person living in an institution such as a prison or hospital.
Tamil Meaning : கைதிகள்
Synonyms : convict
Example : “inmates of the Louisiana State Penitentiary”
23) appeal
Meaning : make a serious, urgent, or heartfelt request.(v)
Tamil Meaning : முறையீடு
Synonyms : claim
Antonyms : answer
Example : “police are appealing for information about the incident”
24) intention
Meaning : a thing intended; an aim or plan.
Synonyms : hope
Antonyms : discouragement
Example : “she was full of good intentions”
25) fleeing
Meaning : run away from a place or situation of danger.
Tamil Meaning : தப்பி
Synonyms : depart
Antonyms : arrive
Example : “to escape the fighting, his family fled from their village”
26) consortium
Meaning : the right of association and companionship with one’s husband or wife.
Tamil Meaning : கூட்டமைப்பு
Synonyms : conference
Antonyms : separation
Example : “the amount awarded for loss of consortium must be included”
27) defunct
Meaning : no longer existing or functioning.
Tamil Meaning : செயலிழந்த
Synonyms : obsolete
Antonyms : alive
Example : “the now defunct Somerset & Dorset railway line”
28) portray
Meaning : depict (someone or something) in a work of art or literature.
Tamil Meaning : சித்தரிக்க
Synonyms : depict
Antonyms : confuse
Example : “the ineffectual Oxbridge dons portrayed by Evelyn Waugh”
29) victim
Meaning : a person harmed, injured, or killed as a result of a crime, accident, or other event or action.
Tamil Meaning : பாதிக்கப்பட்ட
Synonyms : casualty
Antonyms : criminal
Example : “victims of domestic violence”
30) verdict
Meaning : a decision on an issue of fact in a civil or criminal case or an inquest.
Tamil Meaning : தீர்ப்பு
Synonyms : award
Antonyms : accusation
Example : “the jury returned a verdict of not guilty”
31) reinforces
Meaning : strengthen or support (an object or substance), especially with additional material.
Tamil Meaning : வலுவூட்டும்
Synonyms : bolster
Antonyms : diminish
Example : “the helmet has been reinforced with a double layer of cork”
32) predicament
Meaning : a difficult, unpleasant, or embarrassing situation.
Tamil Meaning : இக்கட்டான
Synonyms : deadlock
Antonyms : advantage
Example : “the club’s financial predicament”
33) beset
Meaning : (of a problem or difficulty) trouble (someone or something) persistently.
Synonyms : embarrass
Antonyms : explain
Example : “the social problems that beset the UK”
34) aviation
Meaning : the flying or operating of aircraft.
Synonyms : navigation
Example : “the aviation industry”
35) profligate
Meaning : recklessly extravagant or wasteful in the use of resources.
Tamil Meaning : சீர்கெட்ட
Synonyms : promiscuous
Antonyms : moral
Example : “profligate consumers of energy”
36) disbursement
Meaning : the payment of money from a fund.
Synonyms : spending
Antonyms : deposit
Example : “they established a committee to supervise the disbursement of aid”
37) subsequent
Meaning : coming after something in time; following.(adj)
Tamil Meaning : அடுத்தடுத்த
Synonyms : consecutive
Antonyms : preceding
Example : “the theory was developed subsequent to the earthquake of 1906″
38) disbursement
Meaning : the payment of money from a fund.
Synonyms : expenditure
Antonyms : deposit
Example : “they established a committee to supervise the disbursement of aid”
39) laundering
Meaning : wash and iron (clothes or linen).
Tamil Meaning : மோசடி
Synonyms : rinse
Antonyms : dirty
Example : “he wasn’t used to laundering his own bed linen”
40) Liabilities
Meaning : the state of being legally responsible for something.
Tamil Meaning : பொறுப்புகள்
Synonyms : obligation
Antonyms : asset
Example : “once you contact the card protection scheme your liability for any loss ends”
Aspirants can check the Whole planner of IBPS CLERK Prelims Exam 2018 from the below given link.
IBPS CLERK prelims Exam 2018 – Planner
THE HINDU EDITORIAL : DECEMBER 10, 2018
Aspirants can find the other important THE HINDU EDITORIAL topics from the link that is mentioned below, to score more in the English section, THE HINDU EDITORIAL is vital and considered as the best source to learn more. Learning THE HINDU EDITORIAL provides you with an added advantage for the aspirants as this assist in their bank exam preparations.
Check the other important THE HINDU EDITORIAL from the previous months that are available in our Bankersdaily website through the links that are mentioned below.
THE HINDU EDITORIAL – JUNE
THE HINDU EDITORIAL – JULY
Other Important Notification: Released In November 2018
IBPS CLERK PRELIMS EXAM 2018 REVIEW, ANALYSIS AND QUESTIONS ASKED IN EXAM-SLOT I -SHIFT 1 – December 8, 2018
TNPSC Group II Prelims 2018 – Expected Cutoff Marks
ESIC SSO Prelims Score Card 2018 Released
TNSPSC Group II 2018 Answer Key – General English & General Tamil
