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Gnanasambandam Rajendran (gnanasambandam@ttftechnologies.com)

Question Summary - T3TAC-R21

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# Question Text Points Status Flag

1 A Bank has been sanctioned a Limit of USD 1.0 Not  

500,000 in its Nostro Account by Bank of America. Answered
How will it indicate this in the LIMIT.REF field in the
ACCOUNT application in T24?
 

2 In ACCT.GROUP.CONDITION, field 1 to 3 are set for 1.0 Not  

a Group. This group pertains to Current Account. Answered
What is the impact of above fields setting on this
Group of Current Accounts ?
 

3 Which of this balance of Account cannot be used 1.0 Answered  

for Locking Balance in AC.LOCKED.EVENTS?
 

4 The ID of AC.HVT.TRIGGER is made of four 1.0 Answered  

components - account number, T24 date, session
number and time. What is the purpose of time in
the Id with respect to AC.HVT.MERGE job running
in COB? Assume bank do not have global
processing
 

5 The available Balance in an account is maintained 1.0 Answered  

as a ladder to show date wise cash flow in an
account. What type of entries are included in this
balance ?
 

6 Which of this component is not a part of IBAN 1.0 Answered  

Account?
 

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7 When an account is closed in T24, what will 1.0 Not  

happen to the outstanding Standing orders Answered
affecting that Account?
 

8 A Bank wants to Build a Trade Dated Balance. How 1.0 Not  

can this be set in T24? Answered
 

9 A Bank wishes to make Settlement Account as 1.0 Not  

mandatory during account closure, is it possible to Answered
parameterize this?
 

10 Can you parameterize the online merging interval 1.0 Not  

for high volume accounts? Answered
 

11 What will happen when account changes from one 1.0 Not  
consol key to another and on the same day, Answered
balance in account changes from one sign to
another
 

12 Of the following statements, which is true 1.0 Not  

regarding future Exposure date of an accounting Answered
entry?
 

13 A Bank has set the ACCOUNT.MASK field in the 1.0 Not  

COMPANY table as R#####-#####. How will an Answered
Account Number of 1234 be displayed?
 

14 Account has 2 Frequencies set for 28th & 30th of 1.0 Not  
the Month. Account gets closed on 25th of the Answered
Month. When will the Statement gets produced?
 

15 A Bank observes that an Account was wrongly 1.0 Not  

debited with USD 10 on 5th April. To nullify this, it Answered
passed a credit entry on 6th June. The Bank would
like to mask both these entries from appearing in
the Account statement, which is produced on the
last day of June. Is this possible in T24?
 

16 What is the maximum number of separate 1.0 Not  

statement that can be setup for a single customer Answered
account?
 

17 A Bank has a value dated T24 system and the 1.0 Not  
system date is 10/12/2009. A User inputs a credit Answered
transaction to a customer account with Value date
as 12/12/2009 and Exposure date as 13/12/2009.

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When will the ledger balance get updated with this

transaction?
 

18 What is the meaning of Exposure date? 1.0 Not  

  Answered

19 Cash flow days is set 10, today is 01 DEC, there are 1.0 Not  
4 entries with exposure dates 15 DEC,16 DEC, 17 Answered
DEC & 20 DEC, what is true about NEXT.EXP.DATE?
 

20 Bank wants to develop local application 1.0 Not  

CASH.TRANSFER and set accounting mode as Answered
value dated, how to configure this in account
parameter?
 

21 Value date of a credit entry for USD 1,000 is 23rd 1.0 Not  
April 2008 and Exposure date is 24th April 2008. Answered
What is the outcome of this?
 

22 Is the General Ledger updated when a transaction 1.0 Not  

is posted in the system with an AC.BALANCE.TYPE Answered
that has been setup with Report Type of
"INTERNAL"?
 

23 What is the purpose of setting compensation 1.0 Not  

account? Answered
 

24 If the CREDIT.CHECK field is set to AVAILABLE in 1.0 Not  

the ACCOUNT.PARAMETER, how is the available Answered
balance updated when an unauthorised
transaction is processed?
 

25 Which of this Statement in not TRUE with T24 High 1.0 Not  
Volume(HVT) Processing. Answered
 

26 A Bank wants to set a condition that withdrawals 1.0 Not  

above USD 100,000 for Savings accounts could be Answered
done only after a notice of 3 days. Is this possible
in T24?
 

27 Which of this is TRUE with Linking Limit to 1.0 Not  

Overdraft Account? Answered
 

28 A Bank wants to calculate Account interest on 1.0 Not  

cleared balance instead of Value dated balance. Answered
Can this be done?
 

29 1.0 Not  
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A Bank desires that the Auto suspense flag be set, Answered

so that the system will automatically raise
accounting entries when the SUSPENSE flag is
removed from an account. How can this be set in
T24?
 

30 In a TDGL accounting system, what type of 1.0 Not  

transactions gets updated in the field Answered
AUTH.PAY.MVMT of EB.CONTRACT.BALANCES for
an account?
 

31 What is the purpose of setting a record in 1.0 Not  

ACCOUNT.CLASS with Id of SAVINGS ? Answered
 

32 For a high volume account what does "NOTIONAL" 1.0 Not  

merge mean? Answered
 

33 Which balance update fields in ACCT.ACTIVITY File 1.0 Not  

will be used for getting the closing balance of an Answered
account?
 

34 Can we control the statement printing if the 1.0 Not  

account balance is zero? Answered
 

35 Opening balance of Account is 25,000. In TDGL 1.0 Not  

system, On 23/12/2015, FT transaction is inputted Answered
with debit amount as 10,000 & value date as
26/12/2015.Frequency of account statement is set
to 25/12/2015.What will be the closing balance in
account statement of 25/12/2015?
 

36 Cashflow days is set to 10 in the 1.0 Not  

ACCOUNT.PARAMETER. The system date is 22 Answered
December 2009. An Account has the following
Forward entries with value dates of 22 December,
31 December, 1 January, 2 January and 15 January.
What will be the NEXT.AF.DATE set to this Account?
 

37 A bank wants to change HVT.MERGE.INTERVAL 1.0 Not  

from 10 to 5. But after change, still transactions Answered
follow the old 10mins interval. What could be the
reason?
 

38 Which file will be updated when we have future 1.0 Not  

dated credit exposure balances for an account? Answered
 

39 What is the least and maximum number of digits 1.0 Not  

Answered
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allowed in T24 for customer account id?

 

40 How does "ONLINE" merging for high 1.0 Not  

volume accounts work? Answered
 

 
 

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