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