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Oracle 1z1-415 Exam Syllabus Topics:

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

1. Home loans are given at a fixed interest rate of 10%. The rate now must be increased to 11 %. How can this be done in the system? (Choose the best answer.

A) by amending the UDE value on the Value Dated Amendment screen
B) by changing the interest rate on the UDE values screen
C) by changing the rate value in Loan Account UDEs
D) by unlocking the loan account and changing the value on the Interest tab

2. Which product type would you choose for moving funds from one account to another beyond a predefined level? (Choose the best answer.)

A) standing payment orders
B) variable payment transactions
C) sweep out transaction ons
D) standing collection orders

3. Which maintenance can a teller use to make the exchange rate picked by a system in a transaction non-amendable? (Choose the best answer.)

A) Function Group detail
B) ARC maintenance
C) Transaction Code maintenance
D) Function Workflow definition detail

4. 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 Currency Definition screen for USD
C) as per the Spot days maintained on the Bank Parameters screen
D) as per the Spot days maintained on the Currency Pair Definition screen for USD

5. A bank wants payment fate tracers to be generated automatically by the system. To which event should this tracer be attached and what is the name of this advice?

A) TDIS event and PAYMNTFATE_TRCR advice
B) TPFT event and RESERVE_RELEASE advice
C) TDIS event and DISCAPPRVLJRCR advice
D) TPFT event and PAYMNTFATE_TRCR advice

Solutions: