What is true about Dormancy Days in Account Class?

A. Mark Customer Account as Dormant as part of EOD batch process if there are no debit and credit transactions for the number of days maintained under Dormancy Days in Account Class.

B. Close Customer Account as part of EOD batch process if there are no debit and credit transactions for the number of days maintained under Dormancy Days in Account Class.

C. Automatically Tick No Debit and No Credit flag as part of EOD batch process if there are no debit are credit transactions for the number of days maintained under Dormancy Days in Account Class.

D. Mark the customer linked to the Customer Account as Dormant.

Oracle FLEXCUBE Branch Teller can perform multiple operations using the DD Teller screen. Which are valid Teller DD operations?

A) DD issue against GL B) DD issue against Walkin C) DD liquidation against GL D) DD sale against account

A. A, B and C

B. A, B, C and D

C. A and C

D. D

Oracle FLEXCUBE supports Special Rollover. The SROL event code gets triggered while initiating Special Rollover. Which events unfold when the Special Rollover is triggered?

A. change in the loan currency

B. reassignment of the loan customer

C. creation of a new loan with the same reference number as the original loan, and the waiver of any outstanding loan

D. A, B and C

Which components are defined while customizing the product in Oracle FLEXCLUBE?

A) ICCF B) MIS C) Role-to-Head Mapping D) Revaluation E) Accounting Periods

A. A, B, D and E

B. A, B and D

C. A, B and E

D. A, B and C

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.

A. A, B and C

B. A and B

C. A and C

D. D

What does Dispatch Accounting Parameter set-up in PC Module Maintenance refer to?

A. setting of the Nostro Account, Incoming and Outgoing Transaction Code under the Clearing Network Maintenance

B. linking of the Nostro Account in the PC Product Preference for parking the funds

C. defining the Nostro Account in the PC Branch Parameter

D. defining the Nostro Account as part of PC End Of Day Batch Set-up to move the funds from Cash in Transit GL to the Nostro GL

Which two operations will cause the system to transfer the Facility amount back to the original line?

A. automatic expiry

B. manual closure/cancellation

C. nonutilization of the transferred Facility amount before the Availment Expiry Date

D. complete utilization of the transferred Facility amount

Where is the Routing mask (for clearing transactions) defined?

A. Bank Parameters

B. Clearing Products

C. Branch Parameters

D. ARC maintenance

A customer has two savings accounts ACC1 and ACC2.

This customer has requested that interest should be computed in the respective accounts ACC1 and ACC2 but interest liquidation should happen only in the single account ACC2.

How will this be implemented in Oracle FLEXCUBE?

A. The interest needs to be manually transferred by Branch User from ACC1 to ACC2 using Journal Entry after the interest liquidation is done. Automatic interest liquidation movement from ACC1 to ACC2 belonging to the same customer will not be possible.

B. Branch User can amend customer account ACC1, visit I(Interest Button) and should choose Cale Account as ACC2 and Book Account as ACC2.

C. Branch User can amend customer account ACC1, visit I(Interest Button) and should choose Cale Account as ACC1 and Book Account as ACC2.

D. Branch User can amend customer account ACC1, visit I(Interest Button) and should choose Cale Account as ACC2 and Book Account as ACC1.

There can be Overage or Shortage of Cash while performing Retail Teller transactions. A bank can specify in which GL the Overage or Shortage should be booked by the teller. The Overage or Shortage GL can be maintained under which screen?

A. Arc Maintenance Screen

B. Retail Teller Product Screen

C. Till and vault Maintenance screen under Branch Parameters

D. Arc Maintenance Screen and Retail Teller Product Screen