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