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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

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Q:

Which of the following does not fall into the functions ofPayments Banks?

A) acceptance of demand deposits B) Internet banking
C) remittance services D) lending services
 
Answer & Explanation Answer: D) lending services

Explanation:
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Filed Under: Business Awareness
Exam Prep: Bank Exams

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Q:

Which company developed 'Hack' Programming Language?

A) Google B) Microsoft
C) Facebook D) Apple
 
Answer & Explanation Answer: C) Facebook

Explanation:
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Filed Under: Computer
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Stab someone in the back

 

A) Praise someone. B) Like someone secretly.
C) Betray someone. D) Meet someone after a long time
 
Answer & Explanation Answer: C) Betray someone.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In each of the questions, four alternatives are given for the Idiom/Phrase. Choose the alternative which best expresses the meaning of the Idiom/Phrase and click the button corresponding to it.

Wild goose chase

A) An admirable enterprise B) An honest effort
C) A foolish, unprofitable adventure D) A powerful effort
 
Answer & Explanation Answer: C) A foolish, unprofitable adventure

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The modern periodic table consists of 18 groups and 7 periods. What is the atomic number of the element placed in the 2nd group and the 4th period?

A) 20 B) 22
C) 18 D) 10
 
Answer & Explanation Answer: A) 20

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In the given question, a part of the sentence is printed in bold. Below the sentence, three alternatives to the bold part are given which may help improve the sentence. Choose the option that reflects the correct use of the phrase in the context of the sentence. In case the given sentence is correct, your answer is (E) i.e. No correction required.

Monu and Sonu attempted to make light their difficulties, but it was obvious that things were going badly for them.

i attempted to make their difficulties light

ii has attempted to make light their difficulties

iii attempted to make light of their difficulties

A) Only I B) Only ii
C) Only iii D) Both ii and iii
 
Answer & Explanation Answer: C) Only iii

Explanation:
The correct option is 3 because the correct phrase that should be used here is ‘make light of their difficulties.’ It means ‘trying to treat something as though it is not serious or important, when it in fact is.
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Filed Under: English

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Q:

The percentage of nitrogen in the air is about

A) 74% B) 76%
C) 78% D) 80%
 
Answer & Explanation Answer: C) 78%

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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