{"id":67660,"date":"2019-02-05T10:34:28","date_gmt":"2019-02-05T10:34:28","guid":{"rendered":"https:\/\/www.edristi.in\/?p=67660"},"modified":"2019-02-05T10:34:35","modified_gmt":"2019-02-05T10:34:35","slug":"common-digital-currency-aber","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/common-digital-currency-aber\/","title":{"rendered":"Common Digital Currency \u2018Aber\u2019"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong> Question: Common Digital Currency \u2018Aber\u2019 launched by which country?<br> (a) UAE and Saudi Arabia<br> (b) UAE and Qatar<br> (c) Oman and Qatar<br> (d) Saudi and Oman<br> Answer: (a)<br> Related facts:<\/strong><\/p>\n\n\n\n<ul><li>The United Arab Emirates Central Bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) announced the launching of common digital currency project &#8216;Aber&#8217; on January 29, 2019. <\/li><li>The currency will be used in financial settlements between the two countries through Blockchains and Distributed Ledgers technologies..<\/li><li>This comes under the framework of &#8216;Proof-of-Concept&#8217;, which can be summed up in closely understanding and studying the dimensions of modern technologies <\/li>\n<script async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\n<ins class=\"adsbygoogle\" style=\"display:block; text-align:center;\"\ndata-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-7086827700842303\" data-ad-slot=\"2662621974\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n<li>The project will study the feasibility of the currency and will determine its impact on reducing remittances costs alongwith the technical risks.<\/li><li>It will establish an additional means for the central financial transfer systems of the two countries and enable banks to directly deal with each other in conducting financial remittances.<\/li><li>The use of the currency will be restricted to a limited number of banks initially which will be widened further in future.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Links:<br> <a href=\"https:\/\/gulfbusiness.com\/uae-saudi-reveal-details-common-digital-currency-aber\/\">https:\/\/gulfbusiness.com\/uae-saudi-reveal-details-common-digital-currency-aber\/<\/a><br> <a href=\"https:\/\/www.emirates247.com\/business\/uae-and-saudi-arabia-announce-launch-of-common-digital-currency-aber-2019-01-29-1.678791\">https:\/\/www.emirates247.com\/business\/uae-and-saudi-arabia-announce-launch-of-common-digital-currency-aber-2019-01-29-1.678791<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Common Digital Currency \u2018Aber\u2019 launched by which country? (a) UAE and Saudi Arabia (b) UAE and Qatar (c) Oman and Qatar (d) Saudi and Oman Answer: (a) Related facts: The United Arab Emirates Central Bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) announced the launching of common digital currency project &#8216;Aber&#8217; on January [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":67662,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[2338],"class_list":["post-67660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enew","tag-economics"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/67660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=67660"}],"version-history":[{"count":0,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/67660\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/67662"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=67660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=67660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=67660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}