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

1. A bank would like to give the option of bill discounting to an exporter against 100 percent collateral in the form of deposits. On which tab of the contract screen would you input the collateral details9 (Choose the best answer.)

A) fields
B) settlement
C) collateral
D) linkages

2. Identify the correct function ID to access the Bill Contract screen. (Choose the best answer)

A) BCDTRONL
B) BCDCONOL
C) BCDCONON
D) BCDTRNON

3. What happens to a customer account when a transaction is of type "foreign exchange purchase against account?" (Choose the best answer.)

A) it depends on whether the customer account is Savings or Current.
B) The account is debited.
C) The account is credited.
D) it depends on the currency being purchased.

4. What does starting a customer session enable a bank user to do? (Choose the best answer.)

A) Automatically get a customer's customer number and account details in transactions.
B) Demonstrate the bank's offerings to customers in simulated mode.
C) Record customer requests and complaints in the system.
D) Display various interest rates to a customer.

5. A Letter or Credit issue can be confirmed by a bank. Which bank confirms a Letter or Credit (Choose the best answer?)

A) the confirming bank
B) the collecting bank
C) the paying bank
D) the advising bank

Solutions: