Important Vocabulary Notes for Competitive Examinations (Set-172)
1. Culminate [kuhl-muh-neyt]
2. Paradigm [par-uh-dahym, -dim]
3. Benign [bih-nahyn]
Example : CII strongly recommends a rate cut of 50 basis points in the forthcoming monetary policy to provide a fillip to demand.
4. Fillip [fil-uh p]
Example : Unveils indigenous driverless golf cart.
5. Unveil [uhn-veyl]
Example : Web nod soon for dry ports, cargo stations.
6. Cargo [kahr-goh]
Example : ICDs (considered as dry ports), CFS and AFS provide “services for handling and temporary storage of import/export laden and empty containers carried under customs control.
7. Laden [leyd-n]
Example : Though the IMC is virtually a single window clearance mechanism, hailed as a major reform then, the process is now considered cumbersome as it involves submission of several documents and reports before and after the approval.
8. Hail [heyl]
9. Cumbersome [kuhm-ber-suh m]
Example : With goods imports outpacing exports in June, trade deficit for the month widened to $12.95 billion, according to data released by the commerce ministry on Friday.
10. Outpace [out-peys]