Logo ExamsQA
Exit
Official Bank 0/342

ACI-Operations Certificate (3I0-010) - ACI Exam Questions

Last updated on June 20, 2026

97% Exam Compliance
342 Total Questions
1
Question
A counterparty pays your bank USD 10,000,000.00 5 days late requiring you to pay overdraft charges
of 8% p.
Options
A GBP 17,777.77
B GBP 6,944.44
C GBP 7,944.44
D GBP 6,849.32
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

2
Question
What is the purpose of "internal cash reconciliation"?
Options
A cash forecasting, cash collateral and cash positions control
B to reconcile and control the cash balance for the Bank for International Settlements (BIS)
C to reconcile and control the cash balance for the central bank
D to control the banks cash and derivative positions
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

3
Question
The "centralized collateral management service" offers which of the following services for its clients?:
Options
A the valuation and transfer of collateral in general collateral (GC) repos only
B the valuation and transfer of collateral in any type of repo
C the valuation and transfer of collateral in special repos only
D the valuation and transfer of collateral in triparty repos only
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

4
Question
If a bank incurs interest charges from having overdrawn an account due to a late payment from a
counterparty:
Options
A The bank should file a complaint with ACI s Committee for Professionalism.
B Nothing can be done to compensate the bank for the interest charges it incurs.
C The bank is entitled to seek reimbursement from the party responsible for the late payment.
D The bank will automatically be reimbursed by the party responsible for the late payment.
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

5
Question
Rising interest rates will cause:
Options
A bond prices to rise in response to higher interest rates
B government borrowing to fall
C a higher volume on settlement
D bond prices to fall
Discussion (0 comments)

to join the discussion

Community Discussion

No discussions yet. Be the first to ask!

Finish Practice?

Are you sure you want to finish? This will end your practice session.