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1.
A slang term used to express a statement, situation, attempted joke or circumstance as being inherently nonsensical and completely rotten.

Derived from the hindi/punjabi slang word, bakwaas.

Used mainly in the North Indian states of Punjab, Haryana and the National Capital Region (Delhi).
1. This song gives you a feeling of absolute bakwaasiyat.

2. There is a limit to your bakwaasiyat, my friend. Shut up!
by @TheEchonomist [Twitter] January 01, 2012