Asian financial crisis
  • 1. When did the Asian financial crisis start?
A) 1998
B) 1995
C) 1997
D) 2000
  • 2. Which country was the first to be affected by the Asian financial crisis?
A) Thailand
B) Japan
C) China
D) South Korea
  • 3. Who was the Prime Minister of Malaysia during the Asian financial crisis?
A) Mahathir Mohamad
B) Najib Razak
C) Hassan Ali
D) Abdullah Ahmad Badawi
  • 4. Which international organization provided financial assistance to countries affected by the Asian financial crisis?
A) European Central Bank
B) Asian Development Bank
C) World Bank
D) International Monetary Fund (IMF)
  • 5. 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
  • 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) 1999
C) 2001
D) 1998
  • 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) Kuala Lumpur Communique
C) Singapore Declaration
D) Chiang Mai Initiative
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