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.
The 'Ashtalakshmi Mahotsav' celebrates the eight Northeastern states for their:
The Supreme Court of India recently ruled that accessibility for persons with disabilities (PwDs) is:
The "Vishvasya-Blockchain Technology Stack" launched by MeitY in 2024 offers which service?
Which state assembly recently initiated the practice of Zero Hour?
In which Indian city will the first-ever Kho Kho World Cup be held in early 2025?
The Indian Institute of Technology Madras (IIT Madras) recently collaborated with which university to form a Joint Virtual Centre of Excellence on Susta...
The Prime Minister’s Office approved a ₹25,000 crore fund allocation for port development as part of which maritime initiative?
What was the key feature of the collaboration between ISKCON and NSDC?
Kundan Green Energy has inked an initial pact to develop 80 MW hydropower at an investment of Rs 1,000 crore in which state?
Who has been elected as the caretaker Prime Minister of Pakistan?
