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Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:

1. The operation code "acceptance" is applicable for both export and import bills For the operation code "acceptance,1' identify the change of operation that is applicable only for import bills. (Choose the best answer.)

A) acceptance to advance
B) acceptance to discount
C) acceptance to forfeiting
D) acceptance to purchase

2. What would be Ihe status of a request for a debit transaction if it is not approved within the specified response time? (Choose the best answer)

A) closed
B) rejected D recalled
C) settled

3. What is the maximum number of charges that can be attached to a Retail Teller product? (Choose the best answer.)

A) three
B) unlimited
C) four
D) five

4. What does the field SI Amount refer to while processing sweep-in transactions?
(Choose the best answer.)

A) balance in the debit account that should trigger the sweep
B) amount to be swept i n
C) minimum sweep amount
D) balance in the credit account that should trigger the sweep

5. How many charge rules can be associated with a funds transfer product code? (Choose the best answer)

A) as many as possible
B) one
C) two
D) nil

Solutions: