Questions

The French film on AIDS “120 Beats Per Minute”, directed by Robin Campillo, has been awarded the ‘Golden Peacock Award’ for the best film at International Film Festival of India-2017 (IFFI) held in Goa. The Film’s Actor Nahuel Perez Biscayart won the Silver Peacock Award in the best actor male category.

The Phoenix Settlement, established by Gandhiji near Durban in 1904, was formally reopened on February 27, 2000, at a ceremony attended by the President of South Africa, the Zulu King Goodwill Zwelithini and many other leaders.The settlement -the first Ashram of Gandhiji -had been damaged in 1985 riots when some African squatters occupied much of the settlement and named it Bambayi. Though the Indian community was deeply distressed, it refrained from seeking the forcible eviction of the squatters. The Phoenix Settlement Trust, with financial assistance from the Government of India, recently restored Gandhiji's house and established aclinic, an HIV/Aids Centre and other facilities to serve all the people in the area, African and Indian

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.

FERA stands for Foreign Exchange Regulation Act.

• It came into existence in 1973.
• FERA lays emphasis on the regulation of currencies.