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Oracle 1z0-415 Exam Syllabus Topics:

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

Question 1

In which product type are foreign exchange cash deal products configured? (Choose the best answer.)

A. spot
B. forward
C. Non Deliverable Forward
D. cash

Question 2

Assume that the documents presented under a sight LC are not discrepant. When will the negotiating bank pay the exporter after presentation of these documents?

A. within two working days
B. immediately
C. within five working days
D. after obtaining confirmation from the LC issuing bank

Question 3

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 discount
B. acceptance to purchase
C. acceptance to advance
D. acceptance to forfeiting

Question 4

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. linkages
B. collateral
C. fields
D. settlement

Question 5

During liquidation of Teller transactions, if the system detects insufficient funds in an account, the subsequent credit that happens to the settlement account needs to be blocked. How is this achieved in the system? (Choose the best answer.)

A. by enabling auto liquidation
B. by enabling the overdraft facility
C. by enabling cash GL (General Ledger) posting
D. by enabling track receivable

Solutions: