- 1. When did the Asian financial crisis start?
A) 1995
B) 1998
C) 2000
D) 1997
- 2. Which country was the first to be affected by the Asian financial crisis?
A) South Korea
B) Japan
C) Thailand
D) China
- 3. Who was the Prime Minister of Malaysia during the Asian financial crisis?
A) Abdullah Ahmad Badawi
B) Najib Razak
C) Mahathir Mohamad
D) Hassan Ali
- 4. Which international organization provided financial assistance to countries affected by the Asian financial crisis?
A) European Central Bank
B) International Monetary Fund (IMF)
C) Asian Development Bank
D) World Bank
- 5. What term is used to describe the rapid withdrawal of capital from Asian markets during the crisis?
A) Currency escape
B) Capital flight
C) Financial outflow
D) Market exodus
- 6. Which Asian country experienced political turmoil as a result of the financial crisis?
A) Indonesia
B) Hong Kong
C) Singapore
D) Taiwan
- 7. In which year did the Asian financial crisis officially end?
A) 1996
B) 1998
C) 1999
D) 2001
- 8. What was the name of the agreement between ASEAN countries to promote monetary and financial stability in response to the crisis?
A) Singapore Declaration
B) Chiang Mai Initiative
C) Kuala Lumpur Communique
D) Bangkok Accord
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