{"id":12236,"date":"2021-12-16T11:15:44","date_gmt":"2021-12-16T05:45:44","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=12236"},"modified":"2021-12-16T11:15:44","modified_gmt":"2021-12-16T05:45:44","slug":"the-hindu-editorial-vocabulary-dec-16-2021-day-196","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/the-hindu-editorial-vocabulary-dec-16-2021-day-196\/","title":{"rendered":"The Hindu Editorial Vocabulary\u2013 Dec 16, 2021; Day 196"},"content":{"rendered":"\n
Difficult Word\/ Phrase<\/td>Contextual Sense<\/td><\/tr>
Protectionism <\/td>The policy of imposing duties or quotas on imports in order to protect home industries from overseas competition<\/td><\/tr>
Imperative <\/td>Some duty that is essential and urgent<\/td><\/tr>
Chide <\/td>Censure severely or angrily<\/td><\/tr>
Vulnerability <\/td>Susceptibility to injury or attack<\/td><\/tr>
Run up <\/td>Pile up (debt etc.)<\/td><\/tr>
Receding <\/td>moving slowly back<\/td><\/tr>
Resonance <\/td>A relationship of mutual understanding or trust and agreement between people<\/td><\/tr>
Reluctance <\/td>A certain degree of unwillingness<\/td><\/tr>
Unnerve <\/td>Disturb the composure of<\/td><\/tr>
Pooh-pooh <\/td>Refuse with contempt<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
\"SBI_PO_Mains_Freee_Mock\"<\/a><\/figure>\n\n\n\n

Mixed signals: On the pandemic and protectionism (The policy of imposing duties or quotas on imports in order to protect home industries from overseas competition)<\/strong><\/h2>\n\n\n\n

Pandemic imperatives (Some duty that is essential and urgent) <\/strong>require diversification of supplies but protectionism is no answer<\/h3>\n\n\n\n

At a time that India is looking to impress upon the world that it is strongly positioned as well as willing and able to become a more reliable supply chain partner for them than China has been proven in recent times, External Affairs Minister S. Jaishankar\u2019s remarks on Tuesday about globalisation are worth taking note of. The pandemic experience creates a case for \u2018shorter\u2019 supply chains with more \u2018national\u2019 capacities, he said, before chiding (Censure severely or angrily) <\/strong>globalisation \u2018Gurus\u2019 for advocating open markets without acknowledging geopolitical motivations. That he cited the example of India\u2019s health-care supply chain vulnerabilities (Susceptibility to injury or attack) <\/strong>being exposed after the onset of COVID-19 makes it clear his broader message was aimed at China on whom India relied too much for critical pharma and health-care imports, and continues to run up (Pile up (debt etc.))<\/strong> large trade deficits with. Tapping the receding (moving slowly back) <\/strong>global sentiment for China, and the dangers about depending on limited, even if hugely efficient, supply chains, is a sensible ploy gaining resonance (A relationship of mutual understanding or trust and agreement between people)<\/strong>. Earlier this month, Australia\u2019s Special Envoy to India Tony Abbott accused China of \u2018weaponising trade\u2019, losing its credibility and blocking trade flows. That Mr. Abbott, a former Australian Prime Minister, who had himself signed a free trade pact with China, is now pushing hard for a trade deal with India as an \u2018obvious trustworthy substitute\u2019 for global supply chains, is an admirable endorsement of official tact.<\/p>\n\n\n\n

However, Mr. Jaishankar also went on to term the idea that \u2018other people can … operate in your economy on terms which are advantageous to them\u2019 as \u2018ridiculous\u2019 and argued that there was no need to be defensive about \u2018protectionism\u2019. Perhaps, he was addressing the reiterated discontent about some of India\u2019s broader market access reluctance (A certain degree of unwillingness)<\/strong>, based on recent supply chain shocks in sectors ranging from semiconductors to commodities. But this broad-brush messaging against globalisation is troublesome, particularly when other Cabinet members are taking pains to convey to investors and potential FTA partners that the Atmanirbhar Bharat campaign is not a protectionist platform. Such mixed signalling may also unnerve (Disturb the composure of) <\/strong>negotiating counterparts and stakeholders for similar deals with the UAE, Canada, the EU and those involved in the revived India-U.S. Trade dialogue. There is no denying that the world is yet to get a fair global trade order through the WTO, or the immediate pandemic imperatives require diversification of supplies and scaling up of domestic capacities to build some resilience. But protectionism is not the answer as India itself will argue with countries where it seeks market access; and globalisation per se cannot be pooh-poohed (Refuse with contempt)<\/strong> even as India continues to gain from it through rising exports. Just because of the pandemic, the world will not become less interdependent as it is simply not possible for everyone to make everything. As former Chinese Premier Wen Jiabao said, citing China and Singapore\u2019s examples: \u2018… a nation that shuts its door to the world is bound to fall behind.\u2019 India would be well-served if the focus is on grabbing the opportunities the world is throwing up, while holding back lamentations for private conversations.<\/p>\n\n\n\n

Want to improve your vocabulary further?\u00a0Download the Lists of Word-Meanings of Previous Months here<\/a>.<\/p>\n\n\n\n

\"SBI_PO_Mains_Freee_Mock\"<\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"

Improve your word-power with the help of this daily recurring series where we analyze the difficult words published in prominent editorials.<\/p>\n","protected":false},"author":3,"featured_media":12237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[11,25,5,1312,2,19,1315,31,49,47],"tags":[69],"class_list":["post-12236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ibps-clerk","category-ibps-po","category-ibps-so","category-nhb","category-rbi-assistant","category-rbi-grade-b","category-sbi-cbo","category-sbi-clerk","category-sbi-po","category-vocabulary","tag-editorials-difficult-words-2"],"yoast_head":"\nThe Hindu Editorial Vocabulary\u2013 Dec 16, 2021; 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