Important Word List
Hindi Meaning - मुद्रास्फीति
English Meaning - simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
2.invasion (noun)
Hindi Meaning - आक्रमण, चढ़ाई
English Meaning - occupation, conquering, capture, seizure, annexation, annexing, takeover.
3.cost (noun)
Hindi Meaning - क़ीमत, हानि, कष्ट
English Meaning - loss, suffering, drawback, disadvantage.
4.conflict (noun)
Hindi Meaning - संघर्ष, टक्कर, युद्ध
English Meaning - war, armed conflict, battle, fighting.
5.absorb (verb)
Hindi Meaning - अवशोषण करना, आत्मसात करना,
English Meaning - assimilate, digest, ingest, take in, grasp.
6.shaky (adjective)
Hindi Meaning - अस्थिर, लड़खड़ाना, अनिश्चित
English Meaning - faltering, unsteady, uncertain, unreliable, untrustworthy, questionable, dubious, doubtful, tenuous, unsubstantial, weak, undependable, unsupported.
7.pandemic (noun)
Hindi Meaning - वैश्विक महामारी
English Meaning - the worldwide spread of a new disease; The illness spreads around the world and typically affects a large number of people across a wide area.
8.expansive (adjective)
Hindi Meaning - प्रशस्त, व्यापक
English Meaning - wide-ranging, extensive, sweeping, broad, comprehensive, thorough.
9.sanctions (noun)
Hindi Meaning - प्रतिबंध, उजाज़तें, अनुज्ञायाँ
English Meaning - action taken, or an order given to force a country to obey international laws by limiting or stopping trade with that country, by not allowing economic aid for that country, etc.
10.impose (verb)
Hindi Meaning - थोपना, लागू करना
English Meaning - apply, enforce, exact, inflict.
11.soar (verb)
Hindi Meaning - तेजी से बढ़ना, बहुत वृद्धि होना
English Meaning - increase rapidly, shoot up, rise rapidly, escalate, skyrocket.
12.surge (verb)
Hindi Meaning - तरंग, लहर, अचानक बढ़ना
English Meaning - increase suddenly, rise, grow, escalate.
13.natural gas (noun)
Hindi Meaning - प्राकृतिक गैस
English Meaning - a fossil energy source that formed deep beneath the earth’s surface.
14.fossil fuel (noun)
Hindi Meaning - जीवाश्म ईंधन
English Meaning - non renewable resources (or fossil fuels such as coal, oil and natural gas are formed from the buried/deposited organic materials).
15.amid (preposition)
Hindi Meaning - के बीच, घिरा हुआ
English Meaning - in the middle of, surrounded by; during.
16.stall (verb)
English Meaning - obstruct, impede, hinder, hamper, interrupt, thwart, inhibit, hamstring, sabotage.
17.stagflation (noun)
English Meaning - a period of rising inflation, slowing economic growth & rising unemployment. (inflation is the sustained/continuous rise in the overall price level of goods and services in the economy).
18.ally (noun)
English Meaning - a country/state with an alliance with another one in which they promise to support each other militarily and to defend each other.
19.rouble (noun)
English Meaning - the basic/standard unit of money in Russia; Russian monetary unit.
20.plunge (verb)
English Meaning - fall sharply/steeply, plummet, drop rapidly, go down, tumble, sink, slump.
21.crude oil (noun)
English Meaning - the raw natural resource that is extracted from the earth and refined into products such as gasoline, jet fuel, diesel and other petroleum products.
22.Brent crude (noun)
English Meaning - a classification of crude oil produced from the oil platform in the North Sea of Northwest Europe. It is one of the three best known benchmark crude oils (the other two are ‘West Texas Intermediate’ and ‘Dubai’) against which other crude oils are priced.
23.concern (noun)
English Meaning - (a cause of) anxiety, worry, disquiet, apprehension.
24.hit (verb)
English Meaning - affect badly.
25.on account of (phrase)
English Meaning - because of, owing to, due to.
26.tap (noun)
English Meaning - valve, stopcock.
27.retaliatory (adjective)
English Meaning - revenging, vengeful, avenging.
28.embargo (noun)
English Meaning - ban/bar, restriction, prohibition, stoppage (the official one).
29.eurozone (noun)
English Meaning - the European Union (EU) member states which have adopted the euro (€) as their common currency.
30.skyrocket (verb)
English Meaning - rise, increase (rapidly), escalate, mount; mushroom, snowball.
31.in turn (phrase)
English Meaning - successively, sequentially.
32.accelerate (verb)
English Meaning - increase, rise, go up, advance, surge.
33.surge (noun)
English Meaning - sudden increase, rise, growth, upswing, upsurge.
34.uptrend (noun)
English Meaning - an upward tendency.
35.steepen (verb)
English Meaning - become steeper/expensive/costly; become overpriced.
36.outlook (noun)
English Meaning - prospects, expectations, hopes, likely improvement, lookout, future.
37.price gain (noun)
English Meaning - a general increase in the price of something.
38.encouraging (adjective)
English Meaning - promising, hopeful, favourable, reassuring, uplifting, gratifying.
39.International Monetary Fund (IMF) (noun)
English Meaning - an international organization of 189 countries, headquartered in Washington, D.C., working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
40.forecast (noun)
English Meaning - prediction, indication, projection, prognosis, speculation, calculation (of future events or trends).
41.Omicron variant (noun)
English Meaning - On 26 November 2021, WHO designated the (new coronavirus) variant B.1.1.529 a variant of concern, named Omicron, on the advice of WHO’s Technical Advisory Group on Virus Evolution (TAG-VE).
42.variant (noun)
English Meaning - different or form or version or mutant of something (virus).
43.pose (verb)
English Meaning - constitute, present, create, cause (a challenge or problem or danger or risk).
44.grave (adjective)
English Meaning - serious, severe, terrible, awful, dreadful, alarming, drastic, dangerous, threatening.
45.project (verb)
English Meaning - predict, estimate, calculate.
46.punt (verb)
English Meaning - bet, stake, risk, chance.
47.surpass (verb)
English Meaning - be greater than, exceed.
48.hardly (adverb)
English Meaning - barely, scarcely, only with effort, only just, almost not.
49.sanguine (adjective)
English Meaning - optimistic, hopeful, confident, positive, cheerful (particularly in a difficult situation).
50.diplomatic (adjective)
English Meaning - tactful, sensitive, subtle, delicate; consular, foreign-policy.
51.fence-sitting (noun)
English Meaning - a state of neutrality; a neutral position.
52.notwithstanding (adverb)
English Meaning - nevertheless, nonetheless, even so, in spite of that, despite that.
53.paper (noun)
English Meaning - article, composition, thesis, work, treatise, study, report, analysis.
54.shock (noun)
English Meaning - disturbance causing volatility/uncertainty in an economy.
55.current account deficit (CAD) (noun)
English Meaning - the amount by which money relating to trade, investment etc going out of a country is more than the amount coming in.
56.current account surplus (CAS) (noun)
English Meaning - the amount by which money relating to trade, investment etc going out of a country is less than the amount coming in.
57.fiscal deficit (noun)
English Meaning - the difference between total expenditure and total income of the government.
58.posit (verb)
English Meaning - put forward, submit, predicate, propose.
59.headline inflation (noun)
English Meaning - it is a measure of the total inflation within an economy, including commodities such as food and energy prices.
60.core inflation (noun)
English Meaning - it is a measure of the total inflation within an economy, excluding commodities such as food and energy prices (which change frequently).
61.basis point (BPS) (noun)
English Meaning - a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument. One basis point is equivalent to 0.01% (1/100th of a percent). Used for measuring change in interest rate/yield.
62.bear (verb)
English Meaning - endure, tolerate, put up with, stand, suffer, experience, undergo.
63.bear the cost/burden of (phrase)
English Meaning - suffer the disadvantages/consequences of.
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