Yi Gang Named Head of People’s Bank of China

US-educated economist Yi Gang has been named the next governor of China’s central bank, the People’s Bank of China (PBOC). Mr Yi has been deputy governor of the bank since 2008.
It was one of a raft of appointments as the annual sitting of China’s rubber-stamp parliament, the National People’s Congress, draws to a close.
Source- Hindustan Times

Static/Current Takeaways Important for NABARD Grade-A Exam 2018-

  • China Capital– Beijing, Currency- Renminbi, President- Xi Jinping.