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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:

Find the difference between place value and face value of 7 in 589573212.

A) 693 B) 6993
C) 69993 D) 699993
 
Answer & Explanation Answer: C) 69993

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Filed Under: Quantitative Aptitude - Arithmetic Ability

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Q:

ESPN annually ranks 100 of the most famous active sportspersons in the world to create the 'ESPN World Fame 100' list. Which Indian player had the highest ranking in this list in 2017?

A) Virat Kohli B) Viswanathan Anand
C) Sania Mirza D) MS Dhoni
 
Answer & Explanation Answer: A) Virat Kohli

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
Just punishment for wrong doing

A) Dandy B) Nemesis
C) Prodigy D) Wagon
 
Answer & Explanation Answer: B) Nemesis

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Articulate

A) Dominate B) Distinct
C) Helpers D) Unsteady
 
Answer & Explanation Answer: B) Distinct

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Keoladeo National Park is in _______.

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

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

There are ............ metalloids in the modern periodic table.

A) 5 B) 4
C) 7 D) 6
 
Answer & Explanation Answer: D) 6

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Filed Under: Chemistry
Exam Prep: CAT , Bank Exams , AIEEE

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Q:

Pyrolusite is an ore/mineral of ___________.

A) Mercury B) Manganese
C) Molybdenum D) Lead
 
Answer & Explanation Answer: B) Manganese

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Filed Under: Chemistry
Exam Prep: Bank Exams

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