002-101 Exam Preparation Material | ACI Dealing Certificate New Version Exam

Prepare for the 002-101 with reliable study materials, practice questions, and key exam insights.

Prepare for the 002-101 ACI Dealing Certificate New Version exam with CertQueen's independently developed study resources. Review important concepts, practice scenario-based questions, and use clear explanations to identify areas that require further study.

Question#1

A dealer is shown EUR/USD 1.0848-51 in EUR 25 million. The dealer wants to sell EUR 15 million.
At which rate should the dealer deal?

A. 1.0851
B. 1.0848
C. 1.0849
D. 1.0850

Question#2

Forward points represent:

A. The expected appreciation or depreciation of the quoted currency
B. The expected appreciation or depreciation of the base currency
C. Solely, the interest rate differential between two currencies
D. Largely, the interest rate differential between two currencies

Question#3

Which of the following are transferable instruments?

A. US Treasury bill
B. Eurocertificate of deposit
C. CP
D. All of the above

Question#4

Which of the following is closest to a synthetic fixed-rate asset?

A. Long FRN plus receive floating/pay fixed swap
B. Short Treasury bill plus FX option
C. Long FRN plus receive fixed/pay floating swap
D. Long call plus short put only
E. Long repo plus short collateral

Question#5

A receiver swaption gives the buyer the right to:

A. Receive fixed rate in a swap
B. Pay fixed rate in a swap
C. Receive physical collateral
D. Cancel all settlement obligations

Exam Code: 002-101
Q & A: 192 Q&As         Updated:  Nov 02,2026

 

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What This 002-101 Study Resource Helps You Do

Review Key Concepts

Review the technologies, products, processes, and practical skills covered by the current 002-101 exam objectives.

Practice Scenario-Based Questions

Work through independently developed questions designed to strengthen your understanding of technical scenarios and decision-making.

Identify Knowledge Gaps

Use your results and the provided explanations to find weaker areas and focus your study more effectively.

How to Use This 002-101 Preparation Material

Review the Exam Scope

Start by reviewing the topics covered by the 002-101 exam. Compare them with the official exam objectives to understand the required technologies, operational tasks, and practical skills, then identify the areas that deserve the most attention.

Practice Independently

Complete a focused set of practice questions for each topic. On your first attempt, avoid referring to notes, answers, or other study resources so that you can evaluate your current understanding more accurately.

Study the Explanations

Review the answers and explanations after completing each practice session. Understand why the correct option is appropriate for the given scenario and why the other options may be incorrect or less suitable.

Close Knowledge Gaps

Keep track of incorrect answers, unfamiliar concepts, and weaker knowledge areas. Review these topics using official documentation and practical experience, then answer the related questions again to reinforce your understanding and monitor your progress.

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