Last Updated: Sep 04, 2026
No. of Questions: 85 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Limits, Collateral and Security | 15% | - Limit management and collateral setup - User access control and security configuration |
| Product and Component Configuration | 20% | - Product definition and component classes - Charges, fees, and UDE setup |
| Architecture and Core Concepts | 15% | - System components and integration framework - FLEXCUBE Universal Banking technical architecture |
| Lending and Fixed Assets | 20% | - Fixed assets and expense management - Loan lifecycle and installment processing |
| Trade Finance Operations | 15% | - Bills and collections processing - Letters of Credit and guarantees |
| Customer and Account Management | 15% | - Account opening and parameterization - Customer information maintenance |
Question 1
Identify the correct function ID to access the Bill Contract screen. (Choose the best answer)
A. BCDCONON
B. BCDCONOL
C. BCDTRONL
D. BCDTRNON
Question 2
There can be overage or shortage of cash while processing Retail Teller transactions. The bank can specify the General Ledger in which the overage or shortage should be booked. On which screen can the Overage or Shortage GL be maintained? (Choose the best answer.)
A. There is no Overage or Shortage GL maintenance in Oracle FLEXCUBE
B. ARC maintenance screen
C. Till and Vault maintenance screen in Branch Parameters
D. Retail Teller product screen
Question 3
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. after obtaining confirmation from the LC issuing bank
C. immediately
D. within five working days
Question 4
A Letter of Credit with tenor as sight stipulates that the reimbursement of bills submitted under this Letter of Credit can be claimed immediately after negotiation of documents.
Which SWIFT message is generated by the system for claiming this reimbursement? (Choose the best answer)
A. MT742
B. MT747
C. MT740
D. MT752
Question 5
A bank owns 50 computer tables whose useful life has been set as 20 years. The depreciation method for these assets is set as the straight line method. The bank wants to determine the value of these tables at the end of their useful life.
What would the value be? (Choose the best answer.)
A. 1
B. o
C. almost 0
D. equal to the original cost of the new asset of the same type
Solutions:
| Question 1 Answer: C | Question 2 Answer: C | Question 3 Answer: C | Question 4 Answer: A | Question 5 Answer: B |
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