Free 3I0-010 Exam Braindumps
3I0-010 ACI-Operations Certificate Questions 121–125 (page: 26)

Updated On: 9-Feb-2026

Which two countries are not participating in TARGET2?

  1. Poland and Sweden
  2. Luxembourg and Great Britain
  3. Sweden and Great Britain
  4. Poland and Luxembourg

Answer(s): C



CHIPS is the name commonly used for the domestic clearing system in:

  1. London
  2. Frankfurt
  3. New York
  4. Hong Kong

Answer(s): C



CLS stands for which of the following:

  1. Continuous Linked Settlement
  2. Cash Limit Standards
  3. Credit Linked Securities
  4. Correspondent Limit System

Answer(s): A



What is the main difference between TARGET and TARGET2?

  1. Belgium does not participate in TARGET but it does participate in TARGET2
  2. The cut-off time for TARGET2 is 20:00 (8.00 p.m.) CET, whereas the cut-off time for TARGET is 18:00 (6.00 p.m.) CET.
  3. TARGET2 runs on a single shared platform whereas TARGET does not.
  4. TARGET2 processes payment orders denominated in EUR as well as USD

Answer(s): C



Why does The Model Code recommend the use of netting systems?

  1. to avoid too heavy a workload for operations staff
  2. to reduce settlement and credit risk
  3. to enhance the straight through processing
  4. to reduce the brokerage fees

Answer(s): B



Viewing page 26 of 70
Viewing questions 126 - 130 out of 342 questions


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

AI Tutor AI Tutor 👋 I’m here to help!