Important Vocabs
1. Foil (verb) = To prevent someone ( কাৰোবাক বাধা দিবলৈ )
Synonyms: Thwart, counter
Antonyms: Aid, facilitate
2. Disclosure (noun) = the action of making new or secret information known(নতুন বা গোপন তথ্য জনোৱাৰ কাৰ্য)
Synonyms: Revelation, divulgence
Antonyms: Concealment, secrecy
3. Denomination (noun) = a recognized autonomous branch of the Christian Church or the value of a particular coin or banknote (খ্ৰীষ্টান গীৰ্জাৰ এটা স্বীকৃত স্বায়ত্তশাসিত শাখা বা এটা নিৰ্দিষ্ট মুদ্ৰা বা বেংকনোটৰ মূল্য)
Synonyms: Sect, value
Antonyms: Nonsectarian, uniformity
4. Redeem (verb) = to compensate for the faults or bad aspects of something; to gain or regain possession of something in exchange for payment (পৰিশোধৰ বিনিময়ত কিবা এটা প্ৰাপ্ত কৰা বা পুনৰ প্ৰাপ্ত কৰা)
Synonyms: Retrieve, recover
Antonyms: Surrender, forfeit
5. Construe (verb) = to interpret or understand the meaning of something in a particular way (কোনো বস্তুৰ অৰ্থ এক নিৰ্দিষ্ট ধৰণে বুজাবা বা বুজা)
Synonyms: Interpret, understand
Antonyms: Misinterpret, misunderstand
6. Exactitude (noun) = the quality of being exact or accurate; precision (নিৰ্ভুলতা)
Synonyms: Precision, accuracy
Antonyms: Inaccuracy, imprecision
7. Silo (noun) = a tower or pit on a farm used to store grain or a system, process, department, etc. that operates in isolation from others (শস্য বা প্ৰণালী, প্ৰক্ৰিয়া, বিভাগ আদি সংৰক্ষণ কৰিবলৈ ব্যৱহৃত ফাৰ্মত এটা টাৱাৰ , যি আনৰ পৰা পৃথকভাৱে কাম কৰে)
Synonyms: Granary, bin
Antonyms: Network, integrated system
Read The Passage Carefully And Answer The Questions Given Below :
The Supreme Court’s refusal to grant any further time to the State Bank of India (SBI) to furnish details of those who purchased and parties that encased electoral bonds since April 2019 has foiled an ill-advised attempt to seek postponement of the disclosure until after the general election. The SBI has now been asked to disclose to the Election Commission of India (ECI), by the end of March 12, the names of details of the purchasers of the bonds, the dates on which these were bought, and denominations. The bank should also disclose the names of parties that redeemed the bonds, along with dates and denominations. The ECI has to host the information on its website by March 15. The upshot of the bank’s application for time until June 30 is that it is now quite clear that it must disclose the data available to it, and need not try and match the names of the donors with the parties. It appears that the initial directions of the Constitution Bench, as part of its February 15 judgment invalidating the electoral bonds scheme, had been construed to mean that the SBI was required to match with exactitude all the purchasers with the recipients.
The bank deemed this a “time-consuming” exercise, as the details were in separate silos and not stored in digital format. In rejecting the bank’s application for time and keeping the threat of contempt action alive, the Court has sent a message that it will not brook any further delay. The Bench has also rightly questioned the bank’s silence on what had been done to comply with the order until the filing of an application for extension of time, just two days before the March 6 deadline. It is now quite apparent that even manually matching the two datasets could not have taken as long as the four months the SBI wanted. A question may arise as to whether the voters’ right to information, the very basis for the Court finding the anonymous donation scheme unconstitutional, will be fulfilled by mere disclosure of the names of bond purchasers and the parties that received the funds, without authentic data on who donated what amount to which party. Given that the bonds have to be redeemed within a 15-day window, it may still be possible for a diligent civil society to use the disclosures to match donors and parties based on the proximity between dates of purchase and redemption. The data may also help unravel whether corporate houses or individuals benefited from their donations to ruling parties at the Centre and in the States, or if the contributions were made in response to any threat of investigation and prosecution.
Questions based on the passage:
Q.1)What is the predominant tone used by the author in discussing the Supreme Court’s decision on electoral bonds disclosure?
A) Neutral
B) Appreciative
C) Skeptical
D) Directive
E) Informative
Q.2)What was the State Bank of India (SBI) requested to disclose regarding electoral bonds?
A) Names of political parties only
B) Names of bond purchasers and redemption dates
C) Names of donors and their respective parties
D) Denominations of electoral bonds only
Q.3). Why did the SBI request an extension until June 30 to furnish details of electoral bond purchases and redemptions?
A) Lack of access to relevant data
B) Complexity in matching donor names with recipient parties
C) Insufficient time to compile the information
D) Technical issues with the data storage system
Q.4). What action did the Supreme Court take regarding the SBI’s request for a time extension?
A) Granted the extension until June 30
B) Refused to grant further time
C) Delayed the decision until after the general election
D) Suggested the matter be referred back to the lower court
Q.5). What information is the SBI required to disclose to the Election Commission of India (ECI) by March 12?
A) Names of bond purchasers and redemption dates
B) Only purchase dates of electoral bonds
C) Names of political parties and their affiliated donors
D) Details of corporate donors only
Q.6). What was the Supreme Court’s stance on the State Bank of India’s compliance with the court order?
A) It commended the bank for its efforts.
B) It ignored the bank’s compliance issues.
C) It questioned the bank’s silence until the last minute.
D) It praised the bank for its transparency.
Check Answers Here
| 1) Ans= B) Appreciative |
| 2) Ans= B) Names of bond purchasers and redemption dates |
| 3) Ans= B) Complexity in matching donor names with recipient parties |
| 4) Ans= B) Refused to grant further time |
| 5) Ans= A) Names of bond purchasers and redemption dates |
| 6) Ans= C) It questioned the bank’s silence until the last minute. |
