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Which of the following statements about ...

Which of the following statements about "Aber" that was recently in news is/are correct ?
I. It is a common currency of UAE & Oman that has been launched.
II. It will be used in financial settlements between UAE & Saudi Arabia through Block chains.
Select the correct statement given above ?

A

1 Only

B

2 Only

C

Both 1 and 2

D

Neither 1 nor 2

Text Solution

Verified by Experts

The correct Answer is:
B

The central banks of the united arab Emirates (UAI) and saudi arabia have launched a common digital currency called 'Aber' . It will be used in financial settlements between the two countries through Block chains and distributed leaders technologies.
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