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1.
For a Debit Interest Product "DRIN" with monthly liquidation, the "Back-valued recalc"
check box is selected. A rate "RATE01", used in the interest calculation, is maintained as
follows:
does the system do?
check box is selected. A rate "RATE01", used in the interest calculation, is maintained as
follows:
Eff Date Rate%
l-Jan-08 4
l-Feb-08 4.1
If today's date is 18-Feb-08 and the rate against l-Jan-08 is modified to 4.05, then whatl-Jan-08 4
l-Feb-08 4.1
does the system do?
2.
Which three preferences are available at the Account class level?
3.
A bank follows 01-Jan to 31-Dec as Accounting Cycle and follows Period Codes Jan,
Feb,...till Dec. Which statement is true about Period Codes maintenance in Oracle
FLEXCUBE?
Feb,...till Dec. Which statement is true about Period Codes maintenance in Oracle
FLEXCUBE?
4.
Which statement is true about Revaluation?
5.
What does Settlement Instruction maintenance in FT Module refer to?
A) defining the Settlement Account for the Sender Bank which will be used as Debit
Account in case of Incoming Fund Transfer.
B) defining the Credit Account for the Branch, Product and Currency combination which
will be used as Credit Account in case of Outgoing Fund Transfer.
C) defining the Routing Bank Information for the Receiver selected in the FT Contract
Input and using the same in the Contract settlement.
D) Settlement Instruction used only in Internal Fund Transfer.
Account in case of Incoming Fund Transfer.
B) defining the Credit Account for the Branch, Product and Currency combination which
will be used as Credit Account in case of Outgoing Fund Transfer.
C) defining the Routing Bank Information for the Receiver selected in the FT Contract
Input and using the same in the Contract settlement.
D) Settlement Instruction used only in Internal Fund Transfer.
6.
What is the formula for determining the Exchange Rate that is to be applied to a crosscurrency
transaction?
transaction?
7.
What is the maximum number of retries allowed for Partial Liquidation action?
8.
Which three account types can be opened through an Account Class?
9.
Product Parameterizations the basis for creation of:
A) Gold Copy Environment
B) Play Data Environment
C) Gold Copy and Data Migration Data for UAT
D) Gold Copy and Final Migration Data for Go-Live
B) Play Data Environment
C) Gold Copy and Data Migration Data for UAT
D) Gold Copy and Final Migration Data for Go-Live
10.
What are the Settlement Bridge GLs used for?