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  • Question
  • MobiKwik's new product to offer instant loan within 90 seconds was named as:


  • Options
  • A. FastCash
  • B. SME
  • C. Mortgage Origination Program
  • D. Boost

  • Correct Answer
  • Boost 

    Explanation
    MobiKwik launched an instant loan approval and disbursal product called 'Boost'. As per the offer, loans of upto Rs 60,000 can be sanctioned as well as disbursed in a matter of 90 seconds. The approval time for the loan would be 30 seconds based on an innovative risk scoring model called 'Mobiscore'. The minimum amount of loans that can be approved is for Rs. 5000 and the users will have the option to transfer the amount in their bank accounts. They can pay the loan in easy monthly installments of 6-9 months. It is the first-of-its-kind of credit disbursal product that disburses loan amount in the user's mobile wallet.

  • More questions

    • 1. Union Government signed USD 350 million loan agreement with which financial organisation for road projects in Madhya Pradesh?

    • Options
    • A. International Monetary Fund (IMF)
    • B. World Bank
    • C. New Development Bank
    • D. Asian Development Bank
    • Discuss
    • 2. The film, 'Pele: Birth of a Legend', is featured in the initial list of Oscar nomination for two categories Best Original Score and Original Song category. Which song from the movie has been selected as one of the nomination contenders?

    • Options
    • A. Against All Odds
    • B. Ginga
    • C. Locker Room
    • D. Conquering the Demons
    • Discuss
    • 3. Who is the author of the book "Every Time It Rains"?

    • Options
    • A. Vikram Seth
    • B. Nikitha Singh
    • C. Mahi Jadon
    • D. Amitav Ghosh
    • Discuss
    • 4. Which film has won the Golden Peacock award at the 2016 International Film Festival of India (IFFI)?

    • Options
    • A. Rauf
    • B. Daughter
    • C. The Throne
    • D. Cold of Kalandar
    • Discuss
    • 5. The world's largest open air theatre, 11-days Bargarh Dhanu Yatra that concluded in second week of January 2017 with the death King Kansa at the hands of his nephew Lord Krishna is held in which state?

    • Options
    • A. Bihar
    • B. Uttar Pradesh
    • C. Jharkhand
    • D. Odisha
    • Discuss
    • 6. Which Indian Film opens the 2018 London Indian Film Festival?

    • Options
    • A. Sanju
    • B. Race 3
    • C. Raazi
    • D. Love Sonia
    • Discuss
    • 7. Famous HIV/AIDS researcher Mark Wainberg passed away recently. He belonged to which country?

    • Options
    • A. USA
    • B. Canada
    • C. United Kingdom
    • D. Australia
    • Discuss
    • 8. Which film won the Best Foreign Film in Oscar 2019?

    • Options
    • A. Shoplifters
    • B. Cold War
    • C. Roma
    • D. Capernaum
    • Discuss
    • 9. Which Hockey team won Malaysia series?

    • Options
    • A. Germany
    • B. Spain
    • C. India
    • D. Malaysia
    • Discuss
    • 10. The Union Cabinet approved the signing of a new Air Services Agreement with this country recently.

    • Options
    • A. Poland
    • B. Germany
    • C. Serbia
    • D. Australia
    • Discuss


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