Dear Readers, to score good marks in English Section first and for most thing is you need to develop your reading skills, while reading a passage you need to highlight the tough words in it and you should know the correct meaning for those words. This will help you understand the passage clearly and also you can learn more new words, it means also you can develop your vocabulary. To help you in this part we have provided a English Vocabulary passage along with meaning, synonyms and usages of hard words in the passage, make use of it. We also providing Important Vocabulary Quiz based on “THE ECONOMIST” and “THE HINDU”
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The Hindu Editorial – 12.02.2018
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| Quantitative Aptitude “20-20” | 11.00 AM |
| Vocabulary (Based on The Hindu) | 12.00 PM |
| Static GK Quiz | 1.00 PM |
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Unsurprisingly, States with a record of investment in literacy, nutrition and primary health care have achieved high scores in NITI Aayog’s first Health Index. Kerala, Punjab, and Tamil Nadu are the best-performing large States, while Uttar Pradesh, Rajasthan, Bihar, Odisha and Madhya Pradesh bring up the rear. Health-care delivery is the responsibility of States; the Centre provides financial and policy support. Being able to meet the Sustainable Development Goals over the coming decade depends crucially on the States’ performance. Yet, health care is not a mainstream political issue in India, and hardly influences electoral results. The Index, with all its limitations given uneven data availability, hopes to make a difference here by encouraging a competitive approach for potentially better outcomes. For instance, it should be possible for Odisha to bring down its neonatal mortality rate, estimated to be the highest at 35 per thousand live births — worse than Uttar Pradesh. A dozen States with shameful under five mortality rates of over 35 per 1,000 live births may feel the need for remedial programmes. What the Index shows for the better-performing States is that their continuous improvements have, overall, left little room to notch up high incremental scores, but intra-State inequalities need to be addressed. Coming soon after the announcement of a National Health Protection Scheme in the Union Budget, the Index uses metrics such as institutional deliveries, systematic reporting of tuberculosis, access to drugs for people with HIV/AIDS, immunisation levels and out-of-pocket expenditure. The twin imperatives are to improve access to facilities and treatments on these and other parameters, and raise the quality of data, including from the private sector, to enable rigorous assessments. At the same time, as NITI Aayog points out, data on other key aspects lack the integrity to form part of a good composite index. Both the Centre and the States have the responsibility to scale up their investment on health as a percentage of their budgets, to be more ambitious in interventions. While the NHPS may be able to address some of the financial risk associated with ill health, it will take systematic improvements to preventive and primary care to achieve higher scores in the Index. As the experience from countries in the West and now even other developing economies shows, socialisation of medicine with a reliance on taxation to fund basic programmes is the bedrock of a good health system. If the NITI Aayog Index leads to a mainstreaming of health on these lines, that would be a positive outcome.
India’s stock exchanges are not too keen on the idea of competing with their global peers. Instead, they are happy to guard the home turf against foreign exchanges that do a better job of finding new clients. On Friday, the National Stock Exchange, the Bombay Stock Exchange and the Metropolitan Stock Exchange of India announced their decision to stop providing data feed and other support to overseas exchanges that list derivatives linked to Indian stocks and indices. Any existing agreement allowing data sharing with foreign bourses, except that which is related to exchange-traded funds, will expire in six months. Explaining the reason, the statement said off shore derivatives could be causing “migration of liquidity from India, which is not in the best interest of Indian markets”. Given that the volume of derivatives linked to Indian stocks trading in the off shore market is higher than volumes in the domestic bourses, Indian exchanges have enough reason to fear their foreign counterparts. Ambitious endeavours such as the International Financial Services Centre in Gujarat, although yet to gain the patronage of foreign investors, may also benefit from the crackdown on offshore derivative markets. Foreign bourses, however, will likely find other ways to list derivatives linked to Indian stocks and indices without any help from Indian exchanges soon. The present move, thus, is unlikely to rein in the vast offshore market for Indian derivatives. It also leaves a lot to be desired. Index derivatives such as the SGX Nifty that is linked to stocks that form Nifty, have gained the patronage of large foreign investors for many reasons. These instruments are traded for longer hours in offshore exchanges, including hours when Indian exchanges are closed for business, making them more investor-friendly. Places like Singapore and Dubai, where these derivatives
are traded, are low-tax jurisdictions that offer investors the chance to lower their transaction costs as well. The fact that offshore derivatives are denominated in dollars adds to their allure. In India, in contrast, the securities transaction tax and the capital gains tax discourage foreign investment in financial assets. The proposal to extend trading hours in order to attract investors too has failed to take off. The statement by Indian bourses withdrawing support for offshore derivatives comes after an earlier decision by Singapore’s stock exchange, the Singapore Exchange Limited (SGX), to introduce in February futures on individual stocks that are part of Nifty. Incidentally, the SGX’s decision to introduce futures specific to stocks listed in the NSE was spurred by the Securities and Exchange Board of India’s decision last year to restrict foreign investment in domestic futures. Offshore markets are thus simply catering to the unmet demands of foreign investors. India’s policymakers should thus first of all address the structural problems that have caused trading in Indian derivatives to move offshore. This would be a far better response than any knee-jerk response favoring domestic exchanges.
1). Neonatal (Adjective)
Definition: relating to newborn children (or other mammals).
Synonyms: infant, baby.
Usage: special attention is given to mortality in the neonatal period
2). Remedial (Adjective)
Definition: giving or intended as a remedy or cure
Synonyms: corrective, curing, antidotal.
Usage: remedial surgery
3). Bedrock (Noun)
Definition: the fundamental principles on which something is based
Synonyms: core, basis, base, foundation, root, roots, heart, backbone
Usage: honesty is the bedrock of a good relationship
4). Patronage (Noun)
Definition: the power to control appointments to office or the right to privileges
Synonyms: power of appointment, right of appointment, favouritism, nepotism, partisanship.
Usage: recruits are selected on merit, not through political patronage
5). Allure (Noun)
Definition: the quality of being powerfully and mysteriously attractive or fascinating
Synonyms: attraction, lure, draw, pull, appeal, glamour, allurement, enticement
Usage: people for whom gold holds no allure
6). Bourses (Noun)
Definition: a stock market in a non-English-speaking country, especially France
Usage: He was working in Bourses.
7). Spurred (Adjective)
Definition: having a horny spike or pointed growth, used in fighting
Synonyms: hike, growth
Usage: a lone gamecock stood propped on stiff spurred legs by one corner
8). Unmet (Adjective)
Definition: not achieved or fulfilled
Synonyms: failure, not success, abortive.
Usage: an unmet nee
9). Rein (Noun)
Definition: check or guide (a horse) by pulling on its reins
Synonyms: guide, check, constrain.
Usage: he reined in his horse and waited
10). Integrity (Noun)
Definition: the quality of being honest and having strong moral principles
Synonyms: honesty, uprightness, probity, rectitude, honour, honorableness
Usage: a gentleman of complete integrity
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This post was last modified on February 12, 2018 11:23 am