Online Access Free 310-010 Exam Questions

Which of these statements is correct?

• A.The strike price of a Bermudan option is an average.
• B.A Bermudan option can be exercised only on a few specific dates prior to expiration.
• C.A Bermudan option can be exercised at any time before its maturity date.
• D.A Bermudan option can be exercised only at maturity.

Which clearing system allows a transfer to be settled with immediate finality?

• A.RTGS
• B.SWIFT
• C.EBA
• D.EAF

Rising interest rates will cause:

• A.government borrowing to fall
• B.a higher volume on settlement
• C.bond prices to fall
• D.bond prices to rise in response to higher interest rates

Which of the following institutions is not a cross-border clearing house?

• A.Monte Tittoli Milano
• B.SWIFT
• C.Clear stream Banking Luxembourg
• D.Euro clear Brussels

Which of the following is characteristically of a CD?

• A.It is a non-negotiable instrument.
• B.The CD issuer can redeem the certificate at any time
• C.A CD is a certificate for a gold deposit
• D.A CD is a certificate for a time deposit