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Q:

The interstate commerce act of 1887 required

Answer

The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices.


 


The reason that the Interstate Commerce Act required that rates be published was to avoid secret rebates and similar deals. Until then, big shippers would demand rebates from railroads, which would in effect reduce their shipping costs without letting competitors know. This is anti-competitive.


Hence, the Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates.


 

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Subject: World History Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1600
Q:

What is the compound interest on Rs. 48,000 for 2 years at 20% p.a., if interest is compounded annually?

A) Rs. 69,120 B) Rs. 21,120
C) Rs. 76,800 D) Rs. 72,000
 
Answer & Explanation Answer: B) Rs. 21,120

Explanation:
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Filed Under: Compound Interest
Exam Prep: Bank Exams , CAT

5 1598
Q:

Who has the best overall health?

A) a person who exercises regularly and is not overweight B) a person who is not ill and is physically active
C) a person who lives longer than his or her grandparents D) a person who balances social, physical, and mental health
 
Answer & Explanation Answer: D) a person who balances social, physical, and mental health

Explanation:

A person who balances all the three healths such as Physical, mental and Social healths has the best overall health.

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Filed Under: Cause and Effect Reasoning
Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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6 1595
Q:

Human beings' hearing range is _______.

A) 50 to 50,000 Hz B) 40 to 40,000 Hz
C) 30 to 30,000 Hz D) 20 to 20,000 Hz
 
Answer & Explanation Answer: D) 20 to 20,000 Hz

Explanation:
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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams , CAT

0 1594
Q:

Select the odd word/letters/number/number pair from the given alternatives.

A) 1356 B) 5497
C) 8764 D) 9943
 
Answer & Explanation Answer: A) 1356

Explanation:
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Filed Under: Arithmetical Reasoning
Exam Prep: CAT , Bank Exams , AIEEE

1 1593
Q:

Find out the odd word/letters/number/number pair from the given alternatives.

A) 64, 23 B) 42, 12
C) 63, 18 D) 83, 20
 
Answer & Explanation Answer: D) 83, 20

Explanation:
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Filed Under: Arithmetical Reasoning
Exam Prep: AIEEE , Bank Exams , CAT

0 1593
Q:

During world war II, Germany was a member of the

A) Allies powers B) Axis powers
C) Alien powers D) Allied powers
 
Answer & Explanation Answer: B) Axis powers

Explanation:
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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1593
Q:

Which of the following is not a fundamental principle of Red Cross?

A) Compulsory Service B) Independence
C) Impartiality D) Humanity
 
Answer & Explanation Answer: C) Impartiality

Explanation:

It makes no discrimination as to nationality, race, religious beliefs, class or political opinions. It endeavours to relieve the suffering of individuals, being guided solely by their needs, and to give priority to the most urgent cases of distress

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams , CAT
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2 1592