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