Question
Export/import to which of these countries cannot
generally be settled through Asian Clearing Union mechanism?Solution
The Asian Clearing Union (ACU) was established with its head-quarters at Tehran, Iran, on December 9, 1974 at the initiative of the United Nations Economic and Social Commission for Asia and Pacific (ESCAP), for promoting regional co-operation. The Central Banks and the Monetary Authorities of Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan and Sri Lanka are currently the members of the ACU. The following payments are not eligible to be settled through ACU:- ·        Payments between Nepal and India and Bhutan and India, ·        Payments that are not on account of export / import transactions between ACU members countries ·        All eligible current account transactions including trade transactions with Iran should be settled in any permitted currency outside the ACU mechanism until further notice.
Select the most appropriate synonym of the given word.
IMITATION
In each of the following questions, a word has been given and used in three statements. You are supposed to identify which of the statement/s use/s the ...
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
Select the most appropriate synonym of the given word.
ACCURATE
Select the correct antonym of the given word.
Exodus
Directions: In each of the following questions, a word has been used in sentences in THREE different ways. Choose the option corresponding to the sente...
In the following question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to se...
Select the most appropriate antonym of the given word.
Emancipate
In the given question, a word has been given and there are three ways in which the word has been used, in similar or different forms. You need to see w...
A person unselfishly concerned for or devoted to the welfare of others.
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