Latest and updated questions for 3I0-013 Exam

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ACI 3I0-013 Exam Sample Questions

Question: 4

What does ISDA stand for?

  1. International Swaps and Derivatives Association
  2. Integrated System Data Association
  3. International Swap Derivatives Agreement
  4. International Swaps Dealer Association


Answer: A

Question: 4

What does ISDA stand for?

  1. International Swaps and Derivatives Association
  2. Integrated System Data Association
  3. International Swap Derivatives Agreement
  4. International Swaps Dealer Association


Answer: A

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Question: 3

What does “modified following business day convention” mean?

  1. A convention whereby a transaction is dated the following business day, unless that day extends into the next month, in which case it is dated the preceding business day
  2. A convention whereby a transaction is dated the following business day
  3. A convention whereby a transaction is dated the preceding business day
  4. A convention whereby a transaction is dated the next business day that corresponds to the same numerical day of the month as the preceding payment


Answer: A

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House ACI Operations Certificate School Curriculum

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House Training

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Question: 3

What does “modified following business day convention” mean?

  1. A convention whereby a transaction is dated the following business day, unless that day extends into the next month, in which case it is dated the preceding business day
  2. A convention whereby a transaction is dated the following business day
  3. A convention whereby a transaction is dated the preceding business day
  4. A convention whereby a transaction is dated the next business day that corresponds to the same numerical day of the month as the preceding payment


Answer: A

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Question: 4

What does ISDA stand for?

  1. International Swaps and Derivatives Association
  2. Integrated System Data Association
  3. International Swap Derivatives Agreement
  4. International Swaps Dealer Association


Answer: A

Question: 4

What does ISDA stand for?

  1. International Swaps and Derivatives Association
  2. Integrated System Data Association
  3. International Swap Derivatives Agreement
  4. International Swaps Dealer Association


Answer: A

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