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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 1565
Q:

Which event led to the siege of Yorktown?

A) Restriction of the British food supply B) The British occupation of Yorktown
C) Authorization to end the war at Yorktown D) All of the above
 
Answer & Explanation Answer: B) The British occupation of Yorktown

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

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Q:

The lengths of the two diagonals of a rhombus are 5 cm and 12 cm. Find its area (in cm2)

A) 30 B) 15
C) 60 D) 45
 
Answer & Explanation Answer: A) 30

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Filed Under: Quantitative Aptitude - Arithmetic Ability

1 1565
Q:

The value of tan80° tan10° + sin270° + sin20∘

A) 0 B) 1
C) 2 D) 32
 
Answer & Explanation Answer: C) 2

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

Which one of the following statements concerning research centres in India is not correct?

A) Rajiv Gandhi Centre for Biotechnology is located at Kolkata. B) Central Arid Zone Research Institute is located at Jodhpur.
C) Centre for social Forestry and Eco-Rehabilitation is located at Allahabad. D) Institute of forest Productivity is located at Ranchi.
 
Answer & Explanation Answer: A) Rajiv Gandhi Centre for Biotechnology is located at Kolkata.

Explanation:

Rajiv Gandhi Centre for Biotechnology - Thiruvananthapuram

Central Arid Zone Research Institute - Jodhpur

Centre for Social Forestry and Eco-Rehabilitation - Allahabad

Institute of Forest Productivity - Ranchi

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Filed Under: Indian Geography
Exam Prep: Bank Exams

1 1565
Q:

Buddhist Monuments at Sanchi is in _________.

A) Karnataka B) Madhya Pradesh
C) Maharashtra D) Rajasthan
 
Answer & Explanation Answer: B) Madhya Pradesh

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

P- Granted, political defection is increasingly less an act of ideological defiance than one of pure opportunism.

Q- Yet, for all it flaws, the current law recognizes and respects one fundamental principle: The right to dissent.

R- A blanket ban on defection will weaken rather than strengthen democracy, in whose name it is being sought to be imposed.

S- Granted also that it is illogical to allow a third of the party to split but not in a lesser number.

A) RPSQ B) PSRQ
C) RSPQ D) PRSQ
 
Answer & Explanation Answer: A) RPSQ

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Filed Under: English
Exam Prep: Bank Exams

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Q:

When was Consumer Protection Act (COPRA) passed?

A) 1984 B) 1980
C) 1986 D) 1995
 
Answer & Explanation Answer: C) 1986

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , GATE
Job Role: Bank Clerk , Bank PO

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