The Hindu Editorial Vocabulary Words with Meanings for various Exams: SBI PO/Clerk, IBPS PO/Clerk, RRB, RBI, LIC, NABARD, SEBI, SSC, UPSC, IPPB, etc.
We are providing vocabulary words from the Editorial articles The Hindu newspaper which are important for the all upcoming competitive exams. Add some more words to your English vocabulary words list.
TOPIC – Clearing a low bar
India’s latest auction of telecommunications spectrum is a qualified success from the Centre’s perspective, mainly because the winning bids cumulatively exceeded the government’s own low expectations for receipts from the sale of airwaves. A total of 855.6 megahertz was successfully bid for — out of the 2,308.8 MHz that was on offer as the three largest telecom services providers sought to optimize their purchases of radio spectrum by seeking to acquire only what they deemed essential airwaves, either as renewal or for strengthening their network, while entirely avoiding costlier bandwidth offerings. The newest entrant to the industry, Reliance Jio, was also the most acquisitive, accounting for close to 60% of the spectrum bought at 488.35 MHz and contributed almost threefourths of the ₹ 77,815 crores that the Department of Telecommunications garnered from the sale. That Jio’s ₹ 57,123 crores by itself surpassed the government’s estimate of₹ 45,000₹ 50,000 crores for takings from the auction where the reserve price for the entire spectrum on offer across seven bands amounted to about ₹ 3.92lakh crore, tells its own tale. Clearly cognisant of the prevailing overall economic circumstances amid the COVID19 pandemic as well as the high level of indebtedness in the industry, the government appears to have tempered its expectations to a more realistic level. Still, the Centre can hardly be sanguine about an outcome where a mere 37% of the airwaves on offer found takers. In a repeat of the 2016 auction’s outcome, the significantly more efficient 700 MHz was yet again shunned by all bidders given its prohibitive reserve price. It is a little hard to fathom the government’s approach to pricing this nationally valuable resource, especially given its avowed intention of accelerating the digitization of the economy including the broadening and deepening of the digital delivery of the multitude of public services to India’s farthest reaches. The relatively low frequency 700 MHz, for instance, is considered as ideal for enhancing network availability and reach in the highly urbanized settings of large, densely builtup cities where the issue of poor signal penetration inside buildings is a perpetual bugbear for users and providers alike. For all the brave talk on the auction’s outcome providing assurance, the nation’s telecom authorities need to take a hard look at the entire policy framework that has contributed a fair share to the current precarity in the industry. From auction formats that may no longer be relevant given the sharply reduced number of players, to grossly unrealistic pricing of spectrum, and regulatory norms and tax practices that threaten to tip the sector into a fractious duopoly, the government has its task cut out. It must now act quickly to ensure it does not end up hurting the very sector that has become a key multiplier of economic empowerment and progress.
The Hindu Editorial Words with meanings, synonyms, and antonyms
Perspective (noun) – The appearance of things relative to one another as determined by their distance from the viewer
Synonyms – point of view, attitude, stance, slant, panorama
Antonyms – hopeless, unpromising, ineffectual, befuddlement, dumbness
Acquisitive (adjective) – Eager to acquire and possess things especially material possessions or ideas
Synonyms – greedy, grasping, avaricious, mercenary
Antonyms – bounteous, generous, bountiful, openhanded, altruistic
Garnered (verb) – To obtain or collect something such as information or support
Synonyms – amassed, collected, accumulate, amass, accrued
Antonyms – broadly dispersed, dispelled, disseminated, scattered everywhere
Cognisant (adjective) – Showing knowledge or understanding or realization
Synonyms – aware, sensible, consciously
Antonyms – accidentally, insentient, oblivious, unsuspecting
Sanguine (adjective) – Anticipating the best;
Synonyms – confident, optimistic, rubicund, florid, buoyant
Antonyms – pessimistic, depressed, pale, sallow, pallid
Shunned (verb) – To avoid somebody/something
Synonyms – rejected, outcast, escaped, averted, forlorn
Antonyms – accepted, courted, embraced, teeming
Fathom (verb) – To understand something
Synonyms – comprehend, grasp, penetrate, decipher, plumb
Antonyms – misunderstand, interpret, bewilder, perplex
Avowed (adjective) – Openly acknowledged
Synonyms – professed, admitted, assert, stated, sworn
Antonyms – undeclared, disclaimed, woo woo, disavowed, classified
Penetration (noun) – Clear or deep perception of a situation
Synonyms – insight, discernment, incursion, acumen, acuteness
Antonyms – insanity, foolishness, departure, flippancy, abstention
Duopoly (noun) – A situation in which two suppliers dominate the market for a commodity or service
Synonyms – bipolarity
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