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Updated: Aug 13, 2026
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Oracle 1z1-415 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials |
| Exam Number: | 1Z0-415 |
| Related Certifications: | Oracle FLEXCUBE Universal Banking Implementation Specialist |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Certificate Validity Period: | Valid until retired by Oracle |
| Passing Score: | 63% |
| Exam Price: | $245 USD |
| Real Exam Qty: | 70–85 |
| Exam Format: | Multiple Choice |
| Recommended Training: | Oracle FLEXCUBE Universal Banking 12 Functional Training |
| Exam Registration: | Oracle Certification Portal Pearson VUE Registration |
| Sample Questions: | Oracle 1z1-415 Sample Questions |
| Exam Way: | Computer-based testing at Pearson VUE centers or online proctored |
| Pre Condition: | No mandatory prerequisites; relevant FLEXCUBE implementation experience or training recommended |
| Official Syllabus URL: | https://education.oracle.com/oracle-flexcube-universal-banking-12-advanced-functional-implementation-essentials/trackp_4949 |
Oracle 1z1-415 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Architecture and Core Concepts | 15% | - System components and integration framework - FLEXCUBE Universal Banking technical architecture |
| Topic 2: Limits, Collateral and Security | 15% | - Limit management and collateral setup - User access control and security configuration |
| Topic 3: Customer and Account Management | 15% | - Account opening and parameterization - Customer information maintenance |
| Topic 4: Trade Finance Operations | 15% | - Bills and collections processing - Letters of Credit and guarantees |
| Topic 5: Lending and Fixed Assets | 20% | - Loan lifecycle and installment processing - Fixed assets and expense management |
| Topic 6: Product and Component Configuration | 20% | - Charges, fees, and UDE setup - Product definition and component classes |
Oracle FLEXCUBE Universal Banking 12 Advanced Functional Implementation Essentials Sample Questions:
1. What happens if a contract is marked for auto liquidation and the liquidation day turns out to be a holiday? (Choose the best answer.)
A) The system liquidates based on the product-level parameters.
B) The system liquidates based on the contract-level parameters.
C) The user liquidates the deal manually by invoking the payment screen.
D) The liquidation does not take place.
2. A bank would like to give the option of bill discounting to an exporter against 100 percent collateral in the form of deposits. On which tab of the contract screen would you input the collateral details9 (Choose the best answer.)
A) linkages
B) fields
C) settlement
D) collateral
3. A Forward Buy Contract is opened on January 1,2014 with a product of type Forward, which supports the Option Date feature and a maximum tenor of 12 months. Which three options can this Contract be opened with? (Choose three.)
A) Contract Value Date = January 1, 2014; Option Date = November 30, 2014
B) Contract Value Date = January 1, 2014; Option Date = January 15.2014
C) Contract Value Date = December 31. 2014; Option Date = December 25, 2014
D) Contract Value Date = October 31.2014; Option Date = October 31.2014
4. A bank wants to charge depreciation tor an asset at the rate ot 20%, 30%, 25%, b%, and 20% tor the tirst year, second year, and so on till the last year How should you indicate this on the Depreciation Rule Mapping screen? (Choose the best answer.)
A) rule-based
B) combination of rule-based and ad hoc
C) activity depreciation
D) ad hoc
5. Where should you configure Spot Days for deals? (Choose the best answer.)
A) in the Bank Level parameter
B) in the foreign exchange Products Level parameter
C) in the Branch Level parameter
D) in the Currency Level parameter
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A,B,D | Question # 4 Answer: D | Question # 5 Answer: D |
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