Free ACI 002-201 Exam Questions

Become ACI Certified with updated 002-201 exam questions and correct answers

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Total 340 Questions | Updated On: Jun 16, 2026

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Question 1

Settlement prices on futures contracts are

A : ficial prices calculated by the exchange at the close of trading for the purpose of making margin calculations

B : ficial prices calculated by a panel of central banks

C : ficial prices calculated by the central bank where the stock exchange is located

D : ver used

Answer: A

Question 2

Bank A has a large number of forward OTC trades with Bank B. What risks will be reduced by concluding a netting agreement?

A : market-price-risk and replacement risk

B : rket-price-risk and delivery risk

C : placement risk and delivery risk

D : placement risk and basis risk

Answer: C

Question 3

A Certificate of Deposit (CD) was issued at 2.50% which you now purchase at 1.75%. What would you expect to pay?

A : original face value of the CD

B : re than the originally paid value

C : than the originally paid value

D : ere is too little information to decide

Answer: B

Question 4

Your FX swap dealer sold and bought 2 months USD/CHF 10,000,000.00; rates were set to 0.9300 against 0.9285. What payment is your bank expecting in two months from now?

A : F 9,300,000.00

B : F 10,770,059.24

C : F 9,285,000.00

D : 10,000,000.00

Answer: D

Question 5

The coupon of this type of bond can be based on a country`s CPI (Consumer Price Index)

A : "step up" bonds

B : dex linked bonds

C : emium bonds

D : r bonds

Answer: B

Page: 1 / 68

Total 340 Questions | Updated On: Jun 16, 2026

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