3I0-010 Exam Questions and 3I0-010 Practice Tests

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Question: 3

A collateral pool can be defined as:

  1. assets lent by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  2. liabilities owned by members of a payments system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  3. assets owned by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  4. assets swapped by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances


Answer: C

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Question: 2

The maximum term for which a London Certificate of Deposit may be issued is:

  1. 1 year
  2. 3 years
  3. 5 years
  4. 10 years


Answer: C

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Question: 3

A collateral pool can be defined as:

  1. assets lent by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  2. liabilities owned by members of a payments system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  3. assets owned by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  4. assets swapped by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances


Answer: C

Question: 3

A collateral pool can be defined as:

  1. assets lent by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  2. liabilities owned by members of a payments system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  3. assets owned by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances
  4. assets swapped by members of a payment system collectively available to the system as collateral to enable them to obtain funds in specific circumstances


Answer: C