Daily Reads-68 (Level-1)

Reading Suggestion-1

Article Name: Maximum Pain
Author name: Ila Patnaik/
Source: The Indian Express
Category: Economics

Summary for this article:

The article discusses the ways in which the people returned the demonetized currency, proposes some solutions, presents ideas that are followed in different countries, and finally provides the need for a cost benefit analysis.

Words to learn from this article :

Averse: unwilling, loathe
Indelible: permanent
Anecdotes: story, tale
Scramble: climb
Hoard: accumulate and hide and store away
Innocuous: not harmful
Nexus: a central or focal point
Tenet: principle

Reading Suggestion-1: Click to read full article

Reading Suggestion-2

Article Name: Is Artificial intelligence fuelling natural stupidity?
Author name: Editorial
Source: The Hindu
Category: Economy

Summary for this article :

A very simple article. Just stating some facts.
-Our Prime Minister, very confidently, announced on 8th November 2016 that demonetisation would bring back the black money into the economy, declaring this move as an all-out war on demonetisation.
-But, according to the RBI’s annual report released on August 30th,98.96% of the demonetised notes had found their way back to the banks.
-For our Finance Minister to change stance now, and declare that the money finding its way back into the economy was intention, would be a foolish move.
-Demonetisation did have some positive, but the negatives far outweigh the positives.
-Tax authorities even though aware, don’t have the proper infrastructure to zero down on all the launderers.

Words to learn from this article :

Unequivocal: Admitting of no doubt or misunderstanding; having only one meaning or interpretation and leading to only one conclusion
Asserting: Relating to the use of or having the nature of a declaration
Grip: Hold fast or firmly
Liability: The state of being legally obliged and responsible
Extinguished: (psychology) of a conditioned response; caused to die out because of the absence or withdrawal of reinforcement

Reading Suggestion-2: Click to read full article

Reading Suggestion-3

Article Name: Always, There’s Something To Be Glad About
Author name: Marguerite Theophil
Source: Times of India
Category: Spirituality

Summary for this article :

In the article, the author writes about learned optimism which is to teach how to practice positivity. This can help children stay positive and always look for good things in life. The author shares a story of a girl Pollyanna where her father teaches her to look at the good side of the things. Through the article, the author explains optimistic and pessimist personality. How extremes of both personalities can be dangerous. The author explains learned optimism.