CHALLENGING VOCAB WORDS FROM THE ARTICLE. Gem of a scam
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1 CHALLENGING VOCAB WORDS FROM THE ARTICLE Gem of a scam
2 News Line - Perhaps the largest such scam in India, it was perpetrated by a maverick diamond merchant in collusion with bank officials at a single branch in South Mumbai. Perpetrate [pur-pi-treyt]
3 Perpetrate Meaning(noun)-to execute out. or carry Meaning in Hindi- ऩ ऩ करन Syno-wreak, inflict, enact, commit. Anto.-leave, stop, halt, prevent. Example- I can t believe my best friend would perpetrate such an act of betrayal.
4 Maverick [mav-er-ik]
5 Maverick Meaning-(noun)- tending to choose a different path from everyone else. Meaning in Hindi- प रऱय Syno.-radical, extremist, dissenter, malcontent. Anto.- conservative, moderate. Example-My maverick boss has made his fortune by using a selling strategy different from that of his competitors.
6 News Line -The bank s audit committees and boards, as well as the central bank, which conducts routine financial inspections of banks books, have been ostensibly keeping a close watch on the loans that have turned substandard or are on the verge of default. Ostensible [o-sten-suh-buh l] 4
7 Ostensible Meaning-(adj)-appearing as such but not necessarily so. Meaning in hindi-ख य ऱ Syno.-officially, externally, seemingly, outwardly. Anto.-improbably, unlikely, obscurely. Example-In this neighborhood, George is the ostensible authority on native plants for landscaping. 5
8 News Line -It is also difficult to believe that a handful of junior employees could orchestrate such a massive fraud. Orchestrate [awr-kuh-streyt]
9 Orchestrate Meaning-(V)-to organize or plan all of the details of an event. Meaning in hindi- य जन बन न Syno.-arrange, coordinate, compose. Anto.-disperse, separate,disorganise Example-To take responsibility away from the bride and groom, an event planner was hired to orchestrate the wedding.
10 News Line The firms run by him had seen a meteoric rise and an IPO was in the offing after buyouts of global players and a rampup of retail presence in India and abroad. 20 Meteoric [mee-tee-awr-ik
11 Meteoric Meaning(adj)-very fast development. Meaning in hindi- त ज मय Syno.-dazzling, swift, speedy, fleeting. Anto.-slow, quiet. Example-The meteoric occurrence has even suggested the fanciful notion that all diamonds were originally derived from meteorites. 21
12 News Line -It appears that the bank employees who assisted in the fraud routed large transactions for the borrowers by circumventing the core banking solution. Circumvent [sur-kuh m-vent] 16
13 Circumvent Meaning-(verb)-to get around something. Meaning in hindi- दरककन र Syno.-avoid, disappoint, frustrate, escape. Anto.-assist, encounter, encourage, meet. Example-How would your circumvent our old electrical system when installing our new oven? 17
14 News Line -PNB has sought to blame overseas branches of other banks for not undertaking due diligence before accepting such transactions, but that may be too simplistic an explanation. Diligence [dil-i-juh ns] 20
15 Diligence Meaning-(noun)-constant and consistent effort. Meaning in hindi- ऱगन Syno.-alertness, briskness, laboriousness. Anto.-ignorance, negligence, lethargy. Example-Diligence and hard work are both respected and expected in this industry. 21
16 News Line - The banker-borrower nexus has been blamed for problems in the banking system for years. 18 Nexus [nek-suh s]
17 Nexus Meaning-(V)-the focal place or point. Meaning in hindi- ब धन Syno.- core, link, connection, link,union. Anto.-outside, exterior,unlinked. Example-Today Facebook seems to be the nexus of communication. 15
18 News Line - For India s second largest bank to be defrauded in the manner suggested is astounding, especially since there has been heightened scrutiny of public sector banks operations in the last few years. Astound [uh-stound] 14
19 Astound Meaning-(V)-to overpower with amazement. Meaning in hindi-हक क बक क Syno.-astonish, overwhelm, bewilder. Anto.-calm, clarify, expect, explain. Example-The taste of the wonderful dessert is sure to astound anyone who likes chocolate. 19
20 Scrutiny [skroot-n-ee] 18
21 Scrutiny Meaning-(adj)-careful examination of something or someone. Meaning in hindi- ज च Syno.-analysis,exploration, exploration. Anto.-whole, bulk, unity, juncture. Example- The lax entry requirements let just about anyone in. 13
CHALLENGING VOCAB WORDS FROM THE ARTICLE. Turf war
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