Question
What is the unit of settlement of ACU transactions?
Solution
The Asian Monetary Units (AMUs) is the common unit of account of ACU and is denominated as ‘ACU Dollar’ and ‘ACU Euro’, which is equivalent in value to one US Dollar and one Euro respectively. All instruments of payments under ACU have to be denominated in AMUs. As the payment channel for processing ‘ACU Euro’ is under review, the operations in ‘ACU Euro’ have been temporarily suspended with effect from July 01, 2016 and accordingly, all eligible current account transactions including trade transactions in “Euro” are permitted to be settled outside the ACU mechanism until further notice.
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Some numbers are not letters.
Only letters are consonants.
Conclusions: I. All letters may be co...
Statement:
At-least some chairs are tables.
A few tables are fans.
Only a few windows are tables.
All tables are doors.
Statement:Â
At-least some E are F.
A few F are G.
Only a few H are F.
All F are Q.
Conclusion:
I. All G b...
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All mangos are apples
Only a few apples are bananas
Some bananas are not guavas
Only a few guavas are orange
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                          All car are cycle.
 Conclusions: I. Some cycle are n...
Read the given statements and conclusion carefully. Assuming the information given in the statement is true, even if it appears to be at variance with ...
Statements:All circles are rectangles.
No rectangle is a square.
Conclusions:I. No square is a rectangle.
II. Some rectangles are...
StatementÂ
Only Girls are boy
Some girls are men
No men is women
Conclusion
I. Some boy is women
II. Some...