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QUESTION NO: 1
What are banks that own ATM and POS terminals and offer access to cardholders from their own bank, as well as other banks, referred to as? (Choose the best answer)
A. issuer
B. Acquirer
C. ATM Provider
D. Card Provider
E. interchangers
Answer: B

QUESTION NO: 2
What is the purpose of the Predecessor list in Mandatory Programs Maintenance? (Choose the best answer.)
A. it maintains the sequence in which batches execute.
B. it maintains a dependency hierarchy between batches.
C. it decides the order in which the End of Cycle (EOC) stages would be run for various branches.
D. it is used to simplify the process of selection of branches and to group them into several EOC groups
Answer: B

QUESTION NO: 3
Which three statements are true about integrating the Electronic Messaging System (EMS) with
Swift Alliance Gateway, Mail Server, and Mobile SMS Notification'? (Choose three.)
A. EMS identifies the Branch Code to which the incoming SWIFT message needs to be routed and inserts the Branch Code in the incoming message table along with the Message.
B. EMS hand-off notifications generated from Oracle FLEXCUBE.
C. EMS sends the paper statements generated in Oracle FLEXCUBE with media maintained as e-mail
D. EMS interfaces Oracle FLEXCUBE with the Swift Alliance Gateway
E. EMS is used for both incoming and outgoing messages of Oracle FLEXCUBE with media maintained as e-mail.
Answer: B,D,E

QUESTION NO: 4
Which option is used when the deployment methodology of Oracle FLEXCUBE is integrated with an external system in an asynchronous manner? (Choose the best answer.)
A. JMS Queue is used for messages and MDB is used to read from the queue and to make JDBC calls to the database
B. JMS Queue is used for messages and MDB is used to read from the queue but EJB is used to make
JDBC calls to the database
C. A Servlet/EJB combination is used where EJB makes JDBC calls to the database
D. A synchronous method of integrating the external system with the core banking software is used
Answer: A

QUESTION NO: 5
CORRECT TEXT
An Oracle FLEXCUBE User who has completed his transactions has logged off for the day
Subsequently, the Authorizer notices some errors in one of the transactions.
What can the Authorizer do? (Choose the best answer.)
A Delete the transaction
B. Keep the transaction on hold till the next day.
C. Assign the transaction to another User.
D. Unlock the transaction and correct the invalid entry
Answer: B

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Updated: May 28, 2022