what does "As of now" mean in the test below?

[Dodgewiper]

As of now we still don't know if we will be ......... to fulfil our contract.

(a) reliable
(b) able
(c) capable
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[Mordant]

B) Able

[Mordant]

Now that I've reread the thread title, I see I have not answered your initial question.

"As of now" means "at this time." It usually suggests at least a reasonable expectation that the following or preceding information will change. It's sometimes deliberately evasive, too. It can be used to avoid saying no or to let people down gently.

As of now, we are not certain that we will be able to honor our commitment to salary increases.

That might be a deliberately evasive example.

Note that it's "fulfill."

[Alan]

Note it's one of those American/British English spellings. In the UK it's only got one 'l' at the end.

Alan
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[Mordant]

Thanks, Alan.

[Dodgewiper]

Thanks a lot.
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Man gets and forgets, God gives and forgives.