What Do You Know About Oracle Flexcube?

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| By Timmy198

Timmy198

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Quizzes Created: 577 | Total Attempts: 306,421

Questions: 10 | Attempts: 274 | Updated: Mar 21, 2023

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What Do You Know About Oracle Flexcube? - Quiz

Flexcube, a banking way out with improved straight-through processing, renders real-time payments, and universally supported by banks. Take a quiz and learn about the software

Questions and Answers

1.

Oracle financial services software limited is a subsidiary of?
- A.
  
  Oracle Corporation
- B.
  
  DB2
- C.
  
  InnoDB
- D.
  
  None of the above
Correct Answer
A. Oracle Corporation

Explanation
Oracle financial services software limited is a subsidiary of Oracle Corporation. Oracle Corporation is a multinational computer technology corporation that specializes in developing and marketing computer hardware systems and enterprise software products. As a subsidiary of Oracle Corporation, Oracle financial services software limited operates under the umbrella of the parent company and benefits from its resources, expertise, and global reach.

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2.

Oracle Flexcube is a universal banking solution designed by Oracle for?
- A.
  
  Government
- B.
  
  Schools
- C.
  
  Agencies
- D.
  
  Banks
Correct Answer
D. Banks

Explanation
Oracle Flexcube is a universal banking solution designed specifically for banks. It is not intended for government, schools, or agencies. This software provides comprehensive capabilities for core banking, customer relationship management, and financial management, making it an ideal choice for banks to streamline their operations and enhance customer experience.

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1
0
3.

Oracle Flexcube is widely adopted across the globe with popularly used base in?
- A.
  
  India HDFC
- B.
  
  Canara
- C.
  
  Namibia
- D.
  
  A and B only
Correct Answer
D. A and B only

Explanation
Oracle Flexcube is widely adopted across the globe, with a popularly used base in India and HDFC. It is also widely used in Canara Bank. Therefore, the correct answer is A and B only.

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4.

Oracle Flexcube is an IT solution provider to the?
- A.
  
  Banking industry
- B.
  
  Fabric industry
- C.
  
  Textile industry
- D.
  
  Cosmetic industry
Correct Answer
A. Banking industry

Explanation
Oracle Flexcube is an IT solution provider specifically tailored for the banking industry. It offers a comprehensive suite of banking solutions that help financial institutions streamline their operations, enhance customer experience, and improve overall efficiency. With its robust features and functionalities, Oracle Flexcube is designed to meet the unique requirements and challenges faced by banks, making it the ideal choice for the banking industry.

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5.

Oracle Flexcube have more than 900 customers in over?
- A.
  
  145 countries
- B.
  
  140 countries
- C.
  
  130 countries
- D.
  
  200 countries
Correct Answer
A. 145 countries

Explanation
Oracle Flexcube is a widely used banking software solution that is utilized by more than 900 customers. These customers are spread across various countries, indicating the global reach and popularity of the software. The correct answer states that Oracle Flexcube has customers in 145 countries, which highlights its extensive presence and adoption worldwide.

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6.

Oracle financial services limited is ranked number 9 in IT companies?
- A.
  
  Malaysia
- B.
  
  USA
- C.
  
  UK
- D.
  
  India
Correct Answer
D. India

Explanation
Oracle Financial Services Limited is ranked number 9 in IT companies in India. This implies that among all the IT companies in India, Oracle Financial Services Limited holds the 9th position in terms of ranking.

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7.

There was a company of CITIBANK in 1990 named as?
- A.
  
  CitiCorp OverSea Software
- B.
  
  Entourage Software
- C.
  
  Elion Software
- D.
  
  None of the above
Correct Answer
A. CitiCorp OverSea Software

Explanation
In 1990, there was a company of CITIBANK named as CitiCorp OverSea Software.

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8.

CITIL was started with universal banking product named as?
- A.
  
  Inferno
- B.
  
  MicroBanker
- C.
  
  Citibank
- D.
  
  All of the above
Correct Answer
A. Inferno

Explanation
The correct answer is Inferno. CITIL was started with a universal banking product named Inferno.

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9.

Oracle financial services announced it would acquire Mantas in the year?
- A.
  
  2005
- B.
  
  2006
- C.
  
  2014
- D.
  
  2013
Correct Answer
B. 2006

Explanation
In 2006, Oracle financial services announced its acquisition of Mantas.

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10.

Oracle Flexcube universal banking is an online, comprehensive approach to core banking requirements, it offers?
- A.
  
  Oracle Flexcube Core Banking
- B.
  
  Oracle Flexcube Universal Banking
- C.
  
  Oracle Flexcube Private Banking
- D.
  
  All of the above
Correct Answer
D. All of the above

Explanation
The correct answer is "All of the above". This means that Oracle Flexcube universal banking offers all three options mentioned: Oracle Flexcube Core Banking, Oracle Flexcube Universal Banking, and Oracle Flexcube Private Banking. This suggests that Oracle Flexcube universal banking is a comprehensive solution that can cater to various banking requirements, including core banking, universal banking, and private banking.

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