3I0-012 Exam Dumps - ACI-Financial Questions and Answers

Financial institutions have to establish procedures for handling limit breaches that are in accordance with their decision-making hierarchy.

If a partial limit violation does not exceed the overall limit, no reaction is required.

The definition of escalation levels is not required in order to react appropriately to different sorts and intensities of limit breaches.

It is adequate and proper to define reactions only to standard cases of limit violations.

an interest rate swap

a forward rate agreement

a short term interest rate future

an interest rate collar

pared points

Depends on the term

Depends on whether it is interbank or to a customer

Depends on the currency pair

positive

changes only when interest rates levels are high

negative

changes only when interest rates levels are low

Sell a 1x3 FRA at 0.42%

Buy a 1x3 FRA at 0.45%

Buy a 1x4 FRA at 0.58%

Sell a 1x4 FRA at 0.54%

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

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

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

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

You will have to pay USD 5,925.00

You will receive USD 5,925.00

You will have to pay USD 3,675.00

You will receive USD 3,675.00

A loss of at least EUR 5,000,000.00 can be expected in 99 out of the next 100 weeks.

A loss of at most EUR 5,000,000.00 can be expected in 1 out of the next 100 weeks.

A loss of at most EUR 5,000,000.00 can be expected in 1 out of the next 100 days.

A loss of at least EUR 5,000,000.00 can be expected in 1 out of the next 100 weeks.

The imposition of capital controls.

A major terrorist attack on a financial centre.

The failure of SWIFT.

Concerted cestal bank intervention.

Initially by fax or other acceptable electronic means, then in writing.

Only if the deal is between overseas counterparties and for value today.

Only if the transaction is not for a marketable amount.

To both counterparties immediately by fax or other acceptable electronic means.