Evaluate Function

EVALUATE function can be used in OBIEE to directly to call a Database Function from OBIEE Answers 

Syntax:-
EVALUATE('your db function(%1,%2)', parameter list)
---%1 and %2 are no.of parameters (in this example 2 parameters will be passed to the database function)

%1, ..., %X means - x number of parameters will be passed, and the values for those parameters will be passed in the parameter list.

Example:
EVALUATE('TO_CHAR(%1,%2)' ,"Dim- Date".Start Date,'DD-MON-YY')
or
EVALUATE('TO_CHAR(%1,%2)' AS CHARACTER ( 30 ), 
"Dim- Date".Start Date, 'MON-YY')