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

1. Identify the format in which the number of original documents is input. (Choose the best answer.)

A) n/n
B) n
C) nn/n
D) nn

2. An exporter intends to bid for a software project in another country. What kind of facility should the exporter avail of a bank in order to participate in the bidding? (Choose the best answer.)

A) Indemnity
B) Deposits
C) Letter of Credit
D) Guarantee

3. Assuming that a bank entered into a USD Spot Deal with a customer on Monday, January 15, and that there are no holidays during the week, on which date will the transaction be settled in the system? (Choose the best answer.)

A) as per the Spot days maintained on the Branch Parameters screen
B) as per the Spot days maintained on the Bank Parameters screen
C) as per the Spot days maintained on the Currency Definition screen for USD
D) as per the Spot days maintained on the Currency Pair Definition screen for USD

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

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

5. 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) minimum sweep amount
C) amount to be swept i n
D) balance in the credit account that should trigger the sweep

Solutions: