Which project implementation phases are not applicable in case of a Oracle FLEXCUBE implementation at a greenfield bank?
A) PWT B) UAT C) Data Conversion D) Parallel run E) Database design
A. A and C
B. C and D
C. B and D
D. D. D and E
Which three statements are correct regarding a Funds Transfer Product?
A. Back Value-Dated transactions are allowed.
B. The charges are shared between the remitter and the beneficiary.
C. Future Value-Dated Transactions are not allowed.
D. Cross-currency transactions are allowed.
Which statements are true about Floating Interest Rate?
A) Floating Interest Rate has Effective Data associated with it.
B) Floating Interest Rate can be defined for a branch.
C) Floating Interest Rate has Currency associated with it.
D) Customer Group-specific Floating Interest Rate can be defined.
A. A, B and C
B. B, C and D
C. A, C and D
D. A, B, C and D
In Collateral Maintenance, what is the functionality of the "Sharing Required" option?
A. It enables a collateral to be shared among several liabilities.
B. It enables a user to define the share of lendable and nonlendable margin for a collateral.
C. It enables a user to define the guarantor's share in a collateral pool.
D. It enables many customer IDs to share the same Liability Number.
In Oracle FLEXCUBE, every document that is required to be maintained is identified by a unique code called the Document Code. Which classification of the document can be maintained?
A) Transport B) Insurance C) Invoice D) Others
A. A, B, C and D
B. A, B and C
C. A and B
D. C and D
Oracle FLEXCUBE supports Special Rollover. The SROL event code gets triggered while initiating Special Rollover. Which events unfold when the Special Rollover is triggered?
A. change in the loan currency
B. reassignment of the loan customer
C. creation of a new loan with the same reference number as the original loan, and the waiver of any outstanding loan
D. A, B and C
Which definitions does Bank Parameter Maintenance allow?
A) Account Class Mask Definition B) CIF Mask Definition C) Product Mask Definition D) GL Mask Definition
A. A, B, C and D
B. A, B and C
C. A, B and D
D. B and D
Which can be restricted for a facility?
A) Customers B) Branches C) Products D) Currencies
A. All
B. A, B and D
C. A, C and D
D. B, C and D
Oracle FLEXCUBE Branch Teller can perform multiple operations using the DD Teller screen. Which are valid Teller DD operations?
A) DD issue against GL B) DD issue against Walkin C) DD liquidation against GL D) DD sale against account
A. A, B and C
B. A, B, C and D
C. A and C
D. D
In which conventions is currency rounded?
A) Truncate B) Round Up C) Round Down D) All the above
A. A and B
B. B and C
C. A and C
D. D
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