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: Apr 28, 2026

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Question 1

On the sale of a CD, the seller

A : ceives a lower price than he originally paid

B : ceives a higher price than he originally paid

C : ceives a price calculated using the price originally paid

D : there is not enough information to know how much the seller receives

Answer: D

Question 2

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 3

Which of the following is the best description of a broken trade”?

A : en a trade has been agreed to with dates (maturities) different from the standard dates

B : en one of the parties to the deal unilaterally decides to withdraw from the on-going transaction

C : en, due to a system break, one or both parties to the deal chooses to withdraw from the ongoing transaction

D : en, due to a system break, one or both parties to the deal are unclear as to whether the deal has been done

Answer: D

Question 4

Which of the following is an example of a foreign currency nostro account from the perspective of a bank in London?

A : GBP account with another UK bank

B : CHF account with a bank in Zurich

C : CHF account that it holds for a customer in London

D : GBP account that it holds for a bank in New York

Answer: B

Question 5

The organization “SWIFT” belongs to:

A : members of the system (member-owned cooperative)

B : European Banking Federation based in Brussels

C : European Central Bank

D : IMF

Answer: A

Page: 1 / 68

Total 340 Questions | Updated On: Apr 28, 2026

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