Vocabulary For Syndicate Bank PO Examination

Example: Government has expanded the scope of Custom Act in order to cover the persons who are situated outside India and make contravention of any provisions of Custom Act.

1. Contravention [kon-truh-ven-shuh n]

Noun: an act of contravening; action counter to something; violation or opposition.

Synonyms: breach, infringement, conflict, dispute, infraction, obstruction, opposition, transgression.

Antonyms: agreement, harmony, obedience, peace.

Example: However, he also mentioned that Govt. Can explore ways for using the blockchain technology for digital transactions.

2. Blockchain [blɒktʃeɪn]

Noun: a digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.

Example: Changes to adjudication procedure under various financial acts, to help in ease of doing business ranking.

3. Adjudication [uh-joo-di-key-shuh n]

Noun: an act of adjudicating; Law. The act of a court in making an order, judgment, or decree.

Synonyms: conclusion, decision, determination, finding, pronouncement, ruling, settlement, verdict.

Antonyms: beginning, indecision, , t.

Example: To incentivize the small and medium enterprises, last year Govt. Had reduced the presumptive tax rate from 8 per cent to 6 per cent for the transactions carried through banking channels.

4. Presumptive [pri-zuhmp-tiv]

Adjective: affording ground for presumption; based on likelihood or presumption; regarded as such by presumption; based on inference.

Synonyms: probable, circumstantial, possible.

Example: Presumptive taxation scheme to be rationalized.

5. Rationalize [rash-uh-nl-ahyz, rash-nl-ahyz]

Verb: to ascribe (one’s acts, opinions, etc.) To causes that superficially seem reasonable and valid but that actually are unrelated to the true, possibly unconscious and often less creditable or agreeable causes; to remove unreasonable elements from; to make rational or conformable to reason; to treat or explain in a rational or rationalistic manner.

Synonyms for rationalize

Verb: deliberate, elucidate, excise, excuse, extenuate, reason, reconcile, resolve, think, vindicate, account for, apply logic, cop a plea, cop out, explain away, give alibi.

Example: Providing 5 lakh rupees per family per year for medical reimbursement, under National Health Protection Scheme.

6. Reimburse [ree-im-burs]

Verb: to make repayment to for expense or loss incurred; to pay back; refund; repay.

Synonyms: payment, remuneration, repayment, restitution, indemnification, recompense.

Example: There could be Pressure on govt finances on account of funding deficit in market price realization as compared to MSP, and increase in MSP.

7. Deficit [def-uh-sit; British also dih-fis-it]

Noun: the amount by which a sum of money falls short of the required amount; the amount by which expenditures or liabilities exceed income or assets; a lack or shortage; deficiency.

Synonyms: loss, shortfall, arrears, defalcation, default, deficiency, dues, inadequacy, insufficiency, lack, paucity, scantiness, shortcoming, dead horse, due bill, in hock, in the hole, in the red, insufficience, red ink, underage.

Antonyms: abundance, adequacy, advantage, enough.

Example: Bond yields a tad jittery – 10 year benchmark yield now at 7.45%.

8. Tad [tad]

Noun: a small child, especially a boy; a very small amount or degree; bit.

Synonyms: babe, chick, child, kid, toddler, youngster, bairn, bambino, bundle, buttercup, button, cherub, crawler, deduction, dividend, dumpling, newborn, nipper.

Antonyms: adult, adolescent.

9. Jittery [jit-uh-ree]

Adjective: extremely tense and nervous; jumpy.

Synonyms: anxious, apprehensive, edgy, excitable, fidgety, jumpy, panicky, restless, shaky, skittish, spooked, tense, uneasy, uptight, antsy, high-strung.

Antonyms: calm, collected, composed, cool.

Example: Significant focus on holistic health care and education., very laudable and fundanetally strong initiatives.

10. Holistic [hoh-lis-tik]

Adjective: incorporating the concept of holism, or the idea that the whole is more than merely the sum of its parts, in theory or practice

Synonyms: comprehensive, integrated, aggregate, entire, full, total, universal.