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Free 3I0-010 Exam Braindumps (page: 32)

Page 31 of 86
PDF with 342 Questions

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






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