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: Aug 19, 2026

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Question 1

Which risk factors fall under counterparty risk?

A : rrency risk, interest rate risk and swap risk

B : ttlement risk, delivery risk and replacement cost

C : erational risk

D : ttlement risk and swap risk

Answer: B

Question 2

Internationally, USD FRAs are settled with reference to which market rate?

A : BOR

B : DFUNDS

C : BID

D : RIBOR

Answer: A

Question 3

Under normal circumstances, which of the following is a non-negotiable instrument?

A : Medium Term Note

B : Bankers Acceptance

C : Money Market Deposit

D : Treasury Bill

Answer: C

Question 4

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 5

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

Page: 1 / 68

Total 340 Questions | Updated On: Aug 19, 2026

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