Free ACI 002-101 Exam Questions

Become ACI Certified with updated 002-101 exam questions and correct answers

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Total 420 Questions | Updated On: Dec 16, 2025

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Question 1

Which of the following are transferable instruments?

A : Treasury bill

B : rocertificate of deposit

C :

D : l of the above

Answer: D

Question 2

Forward points represent:

A : expected appreciation or depreciation of the quoted currency

B : expected appreciation or depreciation of the base currency

C : Solely, the interest rate differential between two currencies

D : rgely, the interest rate differential between two currencies

Answer: D

Question 3

You have quoted a Swiss customer spot USD/CHF as 1.3710-15, but he asks you to quote it as CHF/USD.What do you quote?

A : 1.3710-15

B : 0.7294-91

C : 0.7291-94

D : ne of these

Answer: C

Question 4

Click on the Exhibit Button to view the Formula Sheet, If GBP/USD is 1.5350-53 and USD/JPY is 106.50-53, what is GBP/JPY?

A : 69.36-39

B : 163.48-56

C : 163.51-52

Answer: B

Question 5

When a broker needs to switch a name this should be done:

A : ly after approval by the broker's senior management

B : ly if the switching transaction is done at the current market rate

C : ly after consultation with the local regulator

D : ly provided that such transactions are identified as switching transactions

Answer: D

Page: 1 / 84

Total 420 Questions | Updated On: Dec 16, 2025

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