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IBM Algo One Fundamentals Sample Questions:

1. How do you reference a variable from the previous occurrence of a particular event type?

A) <Event Type>.Prev.<Variable>
B) <Event Type>.<Variable>.Curr
C) <Event Type>.Curr.<Variable>
D) <Event Type>.<Variable>.Prev

2. Which statement is true about events?

A) Portfolio variables defined at events can be referred by or from a parent program.
B) Non-portfolio variables can be referenced in the formulae of event variables.
C) A program cannot include multiple events.
D) The formula of a rollback variable can refer to portfolio variables defined at events.

3. In some cases,UDS loadable input data name and ID values contain quotationmarks and/or commas such as the name shown below:
ABC "OPINO"
Given the information above,which example record is formatted for a correct dataload?

A) BAS,Fixed Rate BondSPEC,Fixed Rate BondSPEC,Fixed Rate Bond,ABC"OPINO"
B) BAS,Fixed Rate BondSPEC,Fixed Rate BondSPEC,Fixed RateBond,ABC \"OPINO\"
C) BAS,Fixed Rate BondSPEC,Fixed Rate BondSPEC,Fixed RateBond,"ABC \"OPINO\""
D) BAS,Fixed Rate BondSPEC,Fixed Rate BondSPEC,Fixed Rate Bond,ABC""OPINO""

4. Which two actuarial calculations are available in the Standard Code? (Choose two.)

A) Asset Liability modeling
B) Reserving
C) Solvency II standard formula
D) Embedded value

5. When using IDM,where are the filters saved?

A) in a binary file under $ALGO_TOP/static/uds
B) in a binary file under $ALGO_TOP/dynamic/uds
C) in the Algo database
D) in a RiskWatch session file

Solutions: