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