Professional Documents
Culture Documents
All 2
All 2
Incorrect
2.Identify the correct validation for default role Mark for Review
(1) Points
A default role cannot be deleted
A default role can only be deleted if is not mapped to a user id
A default role can be deleted irrespective of whether it is mapped to a user (*)
On deletion of the user to which the role is mapped the default role also gets deleted
Default role needs to be converted into normal role for deletion
Incorrect
3.Which of the following models fits most appropriately into the self service channel solution Mark for Review
segment? (1) Points
Online Channels as distribution channels of a brick and mortar bank
Virtual Banks that are completely online with no physical presence
Branch banking and online banking
Both 1 and 2 (*)
Incorrect
4.Which of the following best describes China trust Commercial Bank as one of our marquee Mark for Review
customers in the channel space (1) Points
Large retail bank with significant transaction migration on to digital channels
Universal bank that runs both retail and corporate digital banking on our solution
The only bank using our solution in a multi-entity mode
The best example of an bank using our solution to run multi-country channel operations (*)
Incorrect
5.Which of the following statements is true with respect to self service solution segment? Mark for Review
(1) Points
The role of branches in distribution of banking services has been on the decline
Internet banking is the most preferred mode of banking today
Mobile banking is growing at a very fast pace
All of the above (*)
Correct
Correct
7. How many banks use Oracle FLEXUBE for its channel operations with one or more components Mark for Review
(as of Dec 2012)? (1) Points
0 - 50
50 - 100
100 - 125
125ヨ 150 (*)
>150
Incorrect
8. Which of the following most appropriately describes the business driver for increased adoption of Mark for Review
channels for banks (1) Points
Channels are j
ust another mode to service customers
Digital channels provide proximity of service to customers
Digital channels help customer loyalty, increase profitability and drive down operational costs
(*)
Branches no longer make enough profits for banks
Correct
9. What are the possible deployment environments that are supported by Oracle FLEXCUBE Direct Mark for Review
Banking? A) Premise-based solution (deployed internally at the banks) B) Outsourced solution (1) Points
(run at the vendorメs data center)
A
B
Both A&B (*)
Neither A&B
Correct
10.If a user is part of the authorization rule at multiple levels, how many levels can he authorize the Mark for Review
transaction? (1) Points
None of the levels
Only once in any level (*)
Only at highest level but not below
All Level
Incorrect
Incorrect
12.In Oracle FLEXCUBE Direct Banking, the authorizer of a transaction can delete the transaction. Mark for Review
(1) Points
True
False (*)
Correct
13.Oracle FLEXCUBE Direct Banking integrates with external systems (such as credit card Mark for Review
processors, enterprise general ledger, customer relationship management and other third party (1) Points
products) easily using _________.
Service and notification based approach under the SOA principle (*)
Intermediaries
Proprietary developed system which has to be configured for each system
Integration is complex and difficult
Incorrect
14.Which of the following solutions does Oracle FLEXCUBE Multi Channel Solution NOT come pre- Mark for Review
integrated with? (1) Points
Oracle FLEXCUBE Universal Banking Solution
Oracle FLEXCUBE Private Banking Solution
Oracle Siebel (*)
Oracle Real Time Decisions
Correct
15.Oracle FLEXCUBE Direct Banking Supports application configuration through Mark for Review
_________________ (1) Points
Parameterization
Product Extensibility
Custom Development
All of the above (*)
Correct
Correct
17.A Tier 2 bank in Indonesia is mostly likely to be classified into which of the following sub Mark for Review
segments of multi channel banking (1) Points
Basic sub segment
Progressive sub segment (*)
Advanced sub segment
Incorrect
18.Oracle FLEXCUBE Direct Banking is supported and certified on Oracle Exadata. Mark for Review
(1) Points
True (*)
False
Correct
19.What target customer segments are ideally suited for Oracle FLEXCUBE Direct Banking? Mark for Review
(1) Points
(Choose all correct answers)
brick and mortar banks (*)
click and mortar banks (*)
pure virtual banks (*)
Tier 1 Domestic Retail Banking the US
Incorrect
20.How can Oracle FLEXCUBE Direct Banking be deployed in a financial institution? Mark for Review
(1) Points
Stand alone credit card solution
End to end integrated solution with channel enablement and origination (*)
Corporate general ledger solution
Standalone branch channel solution
Correct
Correct
22.Which of the following traits mostly fits into the Basic sub segment of multi channel banking? Mark for Review
(1) Points
Customers expect high end financial planning services
Customers expect all basic money movement services and heavily rely on mobile devices (*)
Banks run targeted campaigns over sophisticated portals
All of the above
Incorrect
23.Identify the correct statement regarding Oracle FLEXCUBE Direct Banking. Mark for Review
(1) Points
Oracle FLEXCUBE Direct Banking supports only retail banking.
Oracle FLEXCUBE Direct Banking supports only corporate banking.
Oracle FLEXCUBE Direct Banking supports both retail and corporate banking. (*)
Oracle FLEXCUBE Direct Banking supports neither retail nor corporate banking.
Correct
24.Which of the following best points to the value of Oracle FLEXCUBE Multi Channel Solution for Mark for Review
progressive sub segment? (1) Points
Multi entity model of the solution enabling multi dimensional business growth (*)
Mobile payments
SMS banking
None of the above
Correct
Correct
Incorrect
27.What feature of Oracle FLEXCUBE Direct banking allows a transaction to be started in one Mark for Review
channel, continue on a second channel and complete it on another? (1) Points
Cross Country
Cross currency
Cross channel (*)
All the above.
Incorrect
28.Is cheque book request a Service request or Online processing? Mark for Review
(1) Points
It is online (*)
service request
Both
None of the above
Incorrect
29.Identify the correct statement regarding Oracle FLEXCUBE Direct Banking Mark for Review
(1) Points
With Oracle FLEXCUBE Direct Banking, banks can introduce highly scalable core banking
offerings while reducing the cost of operations by offering a comprehensive range of
products
With Oracle FLEXCUBE Direct Banking, banks can introduce highly personalized offerings
while reducing customer acquisition costs by offering a comprehensive range of products
through a one-stop portal (*)
With Oracle FLEXCUBE Direct Banking, banks can introduce highly scalable domestic wealth
management banking while reducing expense ratio for investments
All the above.
Incorrect
30.Which of the following highlights the operational benefit that comes out of Oracle FLEXCUBE Mark for Review
Multi Channel Solution (1) Points
Online real time service requests
End to end service request handling that provides banks with the flexibility to design an
appropriate operational model (*)
Service requests over secure mailbox
All of the above
None of the above
Incorrect
Incorrect
32.Oracle FLEXCUBE Direct Banking technical architecture follows the principle of _____. Mark for Review
(1) Points
Service Oriented Architecture (*)
Component based architecture
Database Centric Architecture
Monolithic Application
Correct
33.Which of the following explains the strength of true multi channel experience on Oracle Mark for Review
FLEXCUBE Multi Channel Solution (1) Points
Customers can place service requests online on internet banking
Bank helpdesk can drive the workflow behind processing service requests
Service requests are consistently available on both mobile and internet banking channels (*)
Customers can check the status of service requests online
Incorrect
34.Mobile Banking can be implemented for a bank without offering Internet Banking. Mark for Review
(1) Points
True (*)
False
Correct
35.Which functionality is supported by Oracle FLEXCUBE Direct Banking? Mark for Review
(1) Points
Bill Payment
Online Statements
account aggregation
All of the above (*)
Correct
Incorrect
37.In Oracle FLEXCUBE Direct Banking, SMS banking works on the concept of _______. Mark for Review
(1) Points
push messaging
pull messaging (*)
Push-Pull Messaging
All of the above
Incorrect
38.What are the deployment options supported by Oracle FLEXCUBE Direct Banking? Mark for Review
(1) Points
Multi-country
Multi-language
Multi-currency
All of the above (*)
Correct
39.Select the key features of Oracle FLEXCUBE Direct Banking Mark for Review
(1) Points
Multi - Channel integrated delivery
Supports multiple currencies and languages
Modular architecture to support rapid application<br>development
Capability to integrate with multiple systems
All of the above (*)
Correct
40.Which of these transactions, Retail and Corporate customers can carry out via SMS based Mark for Review
banking in Oracle FLEXCUBE Direct Banking? (1) Points
(Choose all correct answers)
Foreign Exchange Rates Inquiry (*)
Term Deposit Details (*)
Credit Card Details (*)
Block or Unblock Cheque (*)
Incorrect
Correct
2.In Oracle FLEXCUBE Direct Banking, where can one check if user has accepted the terms and Mark for Review
conditions? (1) Points
View Administrator Screen
View User screen (*)
View Customer Screen
All of the above
Incorrect
3.How can Oracle FLEXCUBE Direct Banking be deployed in a financial institution? Mark for Review
(1) Points
Stand alone credit card solution
End to end integrated solution with channel enablement and origination (*)
Corporate general ledger solution
Standalone branch channel solution
Correct
4.Which functionality is supported by Oracle FLEXCUBE Direct Banking? Mark for Review
(1) Points
Bill Payment
Online Statements
account aggregation
All of the above (*)
Correct
5.Is cheque book request a Service request or Online processing? Mark for Review
(1) Points
It is online (*)
service request
Both
None of the above
Correct
Correct
7. Which of the following is NOT a native authorisation feature of Oracle FLEXCUBE Multi Channel Mark for Review
Solution (1) Points
Transaction password
One time password over SMS/
email
Software tokens (*)
Random digits of transaction password
Incorrect
8. Why is extensibility considered a strong aspect of Oracle FLEXCUBE Multi Channel Solution? Mark for Review
(1) Points
Lends business agility
Facilitates quicker integration with the digital ecosystem
Lends independence to the bank in new developments
All of the above (*)
Correct
9. Which two help identify, there is an Oracle Direct Banking opportunity? Mark for Review
(1) Points
(Choose all correct answers)
Banks shoring up capital via public offering of common stock to increase capital ratios which
fell below governments benchmarks.
Banks expanding business across geographies (*)
Banks trying to launch innovative and cost-effective delivery channels (*)
Banks looking to maintain financial institution bond and commercial insurance at levels
deemed adequate by management
Incorrect
10.Which of the following traits mostly fits into the Basic sub segment of multi channel banking? Mark for Review
(1) Points
Customers expect high end financial planning services
Customers expect all basic money movement services and heavily rely on mobile devices (*)
Banks run targeted campaigns over sophisticated portals
All of the above
Correct
Correct
Correct
13.Oracle FLEXCUBE Direct Banking helps banks move towards virtualization by offering banking Mark for Review
services on ____and through _____. (1) Points
(Choose all correct answers)
Net (*)
Paper
Mobile devices (*)
Speadsheets
Correct
14.Which of the following platforms is NOT supported by Oracle FLEXCUBE Mobile Banking Mark for Review
(1) Points
iOS
USSD (*)
Android
SMS
None of the above
Correct
15.Users are mapped to a Role. Identify the correct statement while mapping a Retail role to a user Mark for Review
(1) Points
The retail role can be mapped to multiple user types across various channels
The retail role can be mapped to multiple retail users that belong to the same Entity-User
type-channel combination. (*)
The retail role can be mapped to only one user id
The retail role can be mapped to a customer only
The retail role can be mapped to an admin user
Correct
Correct
17.Which of the following best defines the success of online channels for a bank in the long run Mark for Review
(1) Points
Channel specific customer ex
perience (*)
Presence in social media
Maximum coverage of business functions than any other bank
Coverage of services on devices
Correct
18.Identify the correct statement regarding market trends for Oracle FLEXCUBE Direct Banking Mark for Review
(1) Points
Banks are introducing highly scalable core banking offerings to reducing the cost of
operations by offering a comprehensive range of products
To serve customers across internet and personal devices, banks need to redeploy their core
banking services on web
Increased online presence of customers is making it imperative for traditional banks to
establish themselves in the virtual space. (*)
All the above.
Incorrect
19.Which SEPA payments types are supported by Oracle FLEXCUBE Direct Banking in the European Mark for Review
region? (1) Points
Direct debits only
Credit transfers only
Both Direct debit and Credit transfers (*)
None of the above
Correct
20.Which of these transactions, Retail and Corporate customers can carry out via SMS based Mark for Review
banking in Oracle FLEXCUBE Direct Banking? (1) Points
(Choose all correct answers)
Foreign Exchange Rates Inquiry (*)
Term Deposit Details (*)
Credit Card Details (*)
Block or Unblock Cheque (*)
Correct
Correct
22.Mobile Banking can be implemented for a bank without offering Internet Banking. Mark for Review
(1) Points
True (*)
False
Correct
23.Which of the following will qualify a bank in the multi channel banking segment? Mark for Review
(1) Points
A Tier 1 bank in Australia looking to overhaul their CRM solution
A bank in Africa launching microfinance operations through field agents
A bank in the middle east that wants to implement a new internet and mobile banking
solution (*)
A bank in Brazil that wishes to overhaul their banking portal
Correct
24.Which of the following is true about Oracle FLEXCUBE Multi Channel Solution Mark for Review
(1) Points
Customers can receive alerts on their dashboards
Customers can receive alerts as SMS tex
t messages
Customers can register themselves for alerts within the internet banking session
All of the above (*)
Correct
25.Identify the correct features with respect to Oracle FLEXCUBE Direct Banking Mark for Review
(1) Points
(Choose all correct answers)
Multi Lingual (*)
Multi Currency (*)
Multi Entity (*)
Customer Centricity (*)
Accounting Entries
Incorrect
Correct
27.Which of the following factors is critical for success of a digital channel strategy? Mark for Review
(1) Points
I need all service functions on digital channels to service customers
I need to offer an optimal number of functions which customers are most likely to use over
digital channels (*)
I need to offer all services on all digital channels
All of the above
Correct
28.Identify the correct validation for default role Mark for Review
(1) Points
A default role cannot be deleted
A default role can only be deleted if is not mapped to a user id
A default role can be deleted irrespective of whether it is mapped to a user (*)
On deletion of the user to which the role is mapped the default role also gets deleted
Default role needs to be converted into normal role for deletion
Correct
29.Which of the following statements about Oracle FLEXCUBE Multi Channel Solution is FALSE Mark for Review
(1) Points
The bank administrator can setup transaction limits which the user can change later
A single limit amount setup by the administrator or the user is applicable for all transactions
(*)
Both 1&2
None of the above
Correct
30.Oracle FLEXCUBE Direct Banking is supported and certified on Oracle Exadata. Mark for Review
(1) Points
True (*)
False
Correct
Correct
32.Which of the following mobile platforms are currently not supported by the solution? Mark for Review
(1) Points
Windows Mobile (*)
Blackberry
iOS
Android
Incorrect
33.Which one of these selling features of Oracle FLEXCUBE Multi Channel Solution should ex
cite a Mark for Review
bank with growing business ambitions vis-a-vis other offerings in the market (1) Points
It offers both internet and mobile banking
It supports mobile banking in 3modes
It supports a scalable architecture that lets banks expand into new business models and
service new customer segments (*)
All of the above
Incorrect
34.Which of the following Oracle products is V12 of Oracle FLEXCUBE Multi Channel Solution pre- Mark for Review
integrated with? (1) Points
Oracle Siebel (CRM)
Oracle OAAM (Security)
Oracle Live Help (Online Engagement) (*)
Oracle Web Center Portal
Incorrect
35.Which of the following features of Oracle FLEXCUBE Multi Channel Solution points to Mark for Review
personalisation (1) Points
Customers can see their entire banking relationship aggregated on one dashboard
Customer can use widgets for quick execution of transactions and inquiries from the
dashboard
Customers can select and choose the widgets they want to see on the dashboard (*)
All of the above
Incorrect
Correct
37.Which of the following markets are most likely to classify into Basic sub segment of Multi channel Mark for Review
banking? (1) Points
Most parts of Africa (*)
The Middle East
Russia
None of the above
Incorrect
38.Which of the following Oracle product combines with Oracle FLEXCUBE Multi Channel Solution to Mark for Review
enhance digital offerings of banks (1) Points
Oracle Web Center (Portal)
Oracle Real Time Decisions (Real Time Decision Engine)
Oracle OAAM (Authentication, Access and Security)
All of the above (*)
Correct
39.Which of the following is true for Oracle FLEXCUBE Multi Channel Solution? Mark for Review
(1) Points
It is an internet banking solution
It is a portal solution
It is a mobile banking solution
It is a converged platform that covers both internet and mobile banking (*)
Incorrect
40.A Tier 2 bank in Indonesia is mostly likely to be classified into which of the following sub Mark for Review
segments of multi channel banking (1) Points
Basic sub segment
Progressive sub segment (*)
Advanced sub segment
Correct
Correct
2.Select the key features of Oracle FLEXCUBE Direct Banking Mark for Review
(1) Points
Multi - Channel integrated delivery
Supports multiple currencies and languages
Modular architecture to support rapid application development
Capability to integrate with multiple systems
All of the above (*)
Correct
3.Oracle FLEXCUBE Direct Banking Supports application configuration through _________________ Mark for Review
(1) Points
Parameterization
Product Extensibility
Custom Development
All of the above (*)
Correct
4.Identify the security feature for login password while logging into Oracle FLEXCUBE Direct Banking Mark for Review
(1) Points
(Choose all correct answers)
Manual Keyboard
Virtual Keyboard (*)
Hovering (*)
Mixed Case (*)
Incorrect
5.Which of the following Oracle product combines with Oracle FLEXCUBE Multi Channel Solution to Mark for Review
enhance digital offerings of banks (1) Points
Oracle Web Center (Portal)
Oracle Real Time Decisions (Real Time Decision Engine)
Oracle OAAM (Authentication, Access and Security)
All of the above (*)
Correct
Correct
7. Which of the following features of Oracle FLEXCUBE Multi Channel Solution best points to fitment Mark for Review
for the basic sub segment of multi channel banking? (1) Points
Channel enabled Corporate to Bank ERP connectivity
Tablet based on boarding and origination of customers and accounts
Rich UI based feature phone mobile banking (*)
All of the above
Incorrect
8. Which of the following is NOT a native authorisation feature of Oracle FLEXCUBE Multi Channel Mark for Review
Solution (1) Points
Transaction password
One time password over SMS/
email
Software tokens (*)
Random digits of transaction password
Correct
9. Mobile Banking can be implemented for a bank without offering Internet Banking. Mark for Review
(1) Points
True (*)
False
Correct
10.Why is extensibility considered a strong aspect of Oracle FLEXCUBE Multi Channel Solution? Mark for Review
(1) Points
Lends business agility
Facilitates quicker integration with the digital ecosystem
Lends independence to the bank in new developments
All of the above (*)
Correct
Correct
12.Identify the correct statement regarding Oracle FLEXCUBE Direct Banking Mark for Review
(1) Points
With Oracle FLEXCUBE Direct Banking, banks can introduce highly scalable core banking
offerings while reducing the cost of operations by offering a comprehensive range of
products
With Oracle FLEXCUBE Direct Banking, banks can introduce highly personalized offerings
while reducing customer acquisition costs by offering a comprehensive range of products
through a one-stop portal (*)
With Oracle FLEXCUBE Direct Banking, banks can introduce highly scalable domestic wealth
management banking while reducing expense ratio for investments
All the above.
Correct
13.Which functionality is supported by Oracle FLEXCUBE Direct Banking? Mark for Review
(1) Points
Bill Payment
Online Statements
account aggregation
All of the above (*)
Correct
14.Which of the following Oracle products is V12 of Oracle FLEXCUBE Multi Channel Solution pre- Mark for Review
integrated with? (1) Points
Oracle Siebel (CRM)
Oracle OAAM (Security)
Oracle Live Help (Online Engagement) (*)
Oracle Web Center Portal
Correct
15.Which of the following factors is critical for success of a digital channel strategy? Mark for Review
(1) Points
I need all service functions on digital channels to service customers
I need to offer an optimal number of functions which customers are most likely to use over
digital channels (*)
I need to offer all services on all digital channels
All of the above
Correct
Correct
17.Identify the correct statement regarding market trends for Oracle FLEXCUBE Direct Banking Mark for Review
(1) Points
Banks are introducing highly scalable core banking offerings to reducing the cost of
operations by offering a comprehensive range of products
To serve customers across internet and personal devices, banks need to redeploy their core
banking services on web
Increased online presence of customers is making it imperative for traditional banks to
establish themselves in the virtual space. (*)
All the above.
Correct
18.Which of the following is true for Oracle FLEXCUBE Multi Channel Solution? Mark for Review
(1) Points
It is an internet banking solution
It is a portal solution
It is a mobile banking solution
It is a converged platform that covers both internet and mobile banking (*)
Correct
Correct
20.Which of the following best describes China trust Commercial Bank as one of our marquee Mark for Review
customers in the channel space (1) Points
Large retail bank with significant transaction migration on to digital channels
Universal bank that runs both retail and corporate digital banking on our solution
The only bank using our solution in a multi-entity mode
The best example of an bank using our solution to run multi-country channel operations (*)
Correct
Incorrect
22.Which of the following highlights the operational benefit that comes out of Oracle FLEXCUBE Mark for Review
Multi Channel Solution (1) Points
Online real time service requests
End to end service request handling that provides banks with the flexibility to design an
appropriate operational model (*)
Service requests over secure mailbox
All of the above
None of the above
Correct
23.Which of the following models fits most appropriately into the self service channel solution Mark for Review
segment? (1) Points
Online Channels as distribution channels of a brick and mortar bank
Virtual Banks that are completely online with no physical presence
Branch banking and online banking
Both 1 and 2 (*)
Correct
24.Which of the following best describes HDFC as one of our marquee customers in the channel Mark for Review
space? (1) Points
Large retail bank with significant transaction migration on to digital channels (*)
Universal bank that runs both retail and corporate digital banking on our solution
The only bank using our solution in a multi-entity mode
The best example of an bank using our solution to run multi-country channel operations
Correct
25.Which one of these selling features of Oracle FLEXCUBE Multi Channel Solution should excite a Mark for Review
bank with growing business ambitions vis-a-vis other offerings in the market (1) Points
It offers both internet and mobile banking
It supports mobile banking in 3 modes
It supports a scalable architecture that lets banks expand into new business models and
service new customer segments (*)
All of the above
Correct
A
B
Both A&B (*)
Neither A&B
Correct
27.Which of the following statements about Oracle FLEXCUBE Multi Channel Solution is FALSE Mark for Review
(1) Points
The bank administrator can setup transaction limits which the user can change later
A single limit amount setup by the administrator or the user is applicable for all transactions
(*)
Both 1&2
None of the above
Correct
28.Oracle FLEXCUBE Direct Backing is used to address which of the following functional banking Mark for Review
segments? (1) Points
(Choose all correct answers)
Mobile Banking (*)
Islamic Banking
Corporate Banking
Internet Banking (*)
Incorrect
29.What feature of Oracle FLEXCUBE Direct banking allows a transaction to be started in one Mark for Review
channel, continue on a second channel and complete it on another? (1) Points
Cross Country
Cross currency
Cross channel (*)
All the above.
Correct
30.Which of the following markets are most likely to classify into Basic sub segment of Multi channel Mark for Review
banking? (1) Points
Most parts of Africa (*)
The Middle East
Russia
None of the above
Correct