Free 3I0-010 Exam Braindumps (page: 2)

Page 2 of 86

When should discrepancies between front-office and back-office systems be resolved?

  1. by the end of the trading day
  2. on the next business day
  3. on the value date
  4. as soon as they become apparent

Answer(s): D



What is a nostro bank account?

  1. an account held with another bank
  2. an account another bank holds with you
  3. a trust account
  4. a suspense account

Answer(s): A



What is a feature of multilateral netting?

  1. there are no more than two participants involved in the netting process
  2. there is no redistribution of default risk
  3. there is a central clearing house
  4. no legal entity is required

Answer(s): C



You have two nostro accounts in USD, one account is long USD 5 million and the other is short USD 5 million.
What action should be taken to reconcile the accounts?

  1. No action is required. The credit interest earned on the credit balance will offset the debit interest incurred on the short balance.
  2. You should borrow USD 5 million to cover the short balance and leave the long balance as it is
  3. You should lend the surplus USD 5 million in order to overdraft charges on the short balance with the interest earned on the loan
  4. You should instruct the bank with the long balance to pay USD 5 million to the other bank

Answer(s): D



Page 2 of 86



Post your Comments and Discuss ACI 3I0-010 exam with other Community members:

Felicia Simley commented on December 07, 2024
i cant download the premium version.. what to do please?
Anonymous
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Felicia Simley commented on December 07, 2024
great questions on this one
Anonymous
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The Magic Beans commented on December 07, 2024
Passed the exam - these questions are similar to the ones in the exam (some of these questions are very similar to the ones in the exam but there were questions in the exam way complicated than this). One of the labs (question 77) in these questions came up in my exam. The questions in the exam are tricky make sure you understand each concept in the exam objectives.
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Asma commented on December 07, 2024
It would be better to have an explanation while revealing the solution
Anonymous
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sly commented on December 07, 2024
@ The Magic Beans what was your exam outcome>
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Zjanri commented on December 07, 2024
This is a good training platform.
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Felicia Simley commented on December 07, 2024
great questions
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Rohan commented on December 07, 2024
Really appreciate thanks, I cleared my exam today
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Manraj commented on December 07, 2024
helpful and similar to exam
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The Magic Beans commented on December 06, 2024
Taking my exam tomorrow Dec 7 / 2024 I will let you know if this questions are similar
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Runner009 commented on December 06, 2024
The best money I have ever spent! It literally has all the real exam questions.
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Dahamram commented on December 06, 2024
This new version of the exam is pretty tricky. You can tell by going over these questions. I really had no chance of passing if I had not used this exam dump. Questions are pretty valid as of this week.
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Ravendra commented on December 06, 2024
Purchased the full version of this exam dump in PDF with the 50% sale on Black Friday. Got 2 exam for the price of one. Today I sat for this exam and as soon as I saw the first questions I was about to jump out of my seat. The questions are word by word the same. Got 98% in my result. Very happy.
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Anand commented on December 06, 2024
Nice questions
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I want to attend PSE certification; please guide me
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Want to attempt pd1 exam
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Good for exam preparation
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