Claim: "The People's Bank of China decides on and enacts necessary monetary reform as per its duties as the central bank of China."
Is the claim above correct, and can it be verified by human common sense and without a web search?
Options:
- yes
- no
Chain of thought and solution for this question is:
Central banks are responsible for monetary reform and the People's Bank of China is China's central bank.
So, the answer is yes.