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Vce 3I0-012 Questions Latest

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Total 740 questions

ACI Dealing Certificate Questions and Answers

Question 89

Dealers are authorized to deal:

Options:

A.

anywhere, even away from their own dealing premises

B.

after-hours, but only if listed as such by management

C.

after-hours, but only from their private residence

D.

away from their broker’s dealing premises

Question 90

Today’s date is Thursday 12th December. What is the spot value date? Assume no bank holidays.

Options:

A.

14th December

B.

15th December

C.

16th December

D.

17th December

Question 91

A bank quotes 3-month EUR deposits at 0.45% ¡ª 0.55% to its broker. The broker lifts the bank’s offer at 0.55%. Which of the following steps must the broker take?

Options:

A.

The broker must show the borrower’s name to the lender first and disclose the lender’s name only if the borrower is acceptable to the lender.

B.

The broker must show the lender’s name to the borrower first and disclose the borrower’s name only if the lender is acceptable to the borrower.

C.

The broker must show the borrower’s and lender’s names to each other at the same time.

D.

For marketing reasons, the broker can show the lender’s name to the borrower at any time.

Question 92

What is Funds Transfer Pricing in the ALM process?

Options:

A.

A maturity analysis of a bank’s interest-bearing assets and interest-bearing liabilities.

B.

A method used to measure how much each source of funding is contributing to overall profitability.

C.

A calculation of the spread between the duration of the interest-bearing assets and the interestbearing liabilities.

D.

The evaluation and management of the gap between a bank’s volume of loans and deposits.

Page: 23 / 28
Total 740 questions