Multiple choice general knowledge history

Russian financial crisis

  1. August 17, 1998

  2. June 17, 1999

  3. July 17, 1990

  4. Feb 17, 2008
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A Correct answer
Explanation

The Russian financial crisis, also known as the Ruble Crisis, began on August 17, 1998, when the Russian government defaulted on its domestic debt and devalued the ruble. This triggered a global financial market reaction and significant economic turmoil in Russia. The other dates are incorrect - June 1999 was after the crisis, July 1990 precedes the post-Soviet era, and February 2008 is unrelated to this specific crisis.

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