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ACI 3I0-010 Exam Sample Questions

Question: 2

The maximum term for which a London Certificate of Deposit may be issued is:

  1. 1 year
  2. 3 years
  3. 5 years
  4. 10 years


Answer: C

Question: 5

When should discrepancies between front-office and back-office systems be resolved?

  1. by the end of the trading day
  2. on the next business day
  3. on the value date
  4. as soon as they become apparent


Answer: D

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Question: 6

What is a nostro bank account?

  1. an account held with another bank
  2. an account another bank holds with you
  3. a trust account
  4. a suspense account


Answer: A

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Question: 6

What is a nostro bank account?

  1. an account held with another bank
  2. an account another bank holds with you
  3. a trust account
  4. a suspense account


Answer: A

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Question: 2

The maximum term for which a London Certificate of Deposit may be issued is:

  1. 1 year
  2. 3 years
  3. 5 years
  4. 10 years


Answer: C

Question: 5

When should discrepancies between front-office and back-office systems be resolved?

  1. by the end of the trading day
  2. on the next business day
  3. on the value date
  4. as soon as they become apparent


Answer: D

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