The
ubiquity of mobile phones in India is a textbook illustration of technology enhancements. From illiterate to
erudite, everyone is using technology but there is huge
friction between the two groups of economists over this issue. The first group of economists thinks that technological enhancements will give a thrust to the
stagnant economy while the other group is
jittery about the
penetration of technology in the economy and they think that it is a bad
omen for banking industry and it might bring
bring
havoc in the form of cyber crimes and thus,
enfeeble the economy. But I'd rather prefer to go with the former group that
fosters the concept of E-transaction. In order to build cashless
ambience, penetration of technology becomes
inevitable. On the other side, illiterate people are becoming the victim of cyber crimes and they finally
admonish banks for such crime and hence our banking system earned a lot of
opprobrium. Banks now have learned a lesson and as a result, awareness is now being
instilled in illiterate town with the help of
profuse tech awareness camps
Vocabulary :
- Ubiquity: appearing everywhere
- Erudite : knowledgeable
- Friction : conflict
- Stagnant : constant / not moving
- Jittery : nervous
- Penetration: entrance
- Omen: sign
- Havoc: devastation
- Enfeeble: to weaken
- Foster: to promote / encourage
- Ambience: environment
- Inevitable: unavoidable
- Admonish: to scold
- Opprobrium : scornfully criticised
- Instill : to fill/ to infuse
- Profuse : lots of
Now, I Urge you to construct such sentences which use the above vocabulary, Believe me, this method will help you to fix all these words in your mind permanently.
By: Vivek Acharya
