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 main objective of the clearing union is to facilitate payments among member countries for eligible transactions on a multilateral basis, thereby economizing on the use of foreign exchange reserves and transfer costs, as well as promoting trade among the participating countries. 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.
In arbitration proceedings, who is responsible for appointing arbitrators if the parties fail to reach an agreement?
India was a party to Tokyo, Hague and Montreal Conventions:
The body of crime is represented by which common Latin Phrase?
What is the minimum number of members to be appointed by Central Government in Competition Commission of India as per the Competition Act, 2002?
Under section 190(2) of CrPC who may empower any Magistrate of second class to take cognizance of offences?
As per the Insurance Act, 1938 an insurance company shall not be wound up voluntarily except _________________
Under Section 143, Bharatiya Nyaya Sanhita, what is the punishment for a person who commits the offense of trafficking?
The _______________ shall submit the resolution plan as approved by the committee of creditors to the Adjudicating Authority
According to the Motor Vehicles Act , what is the definition of a "invalid carriage"?
Consumer Protection Act, 2019 is applicable to :
