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 1481

Q:

Seoul is the Capital City of _____ .

A) United Arab Emirates	B) Netherlands
C) South Korea	D) Italy

Answer & Explanation Answer: C) South Korea

Explanation:

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Filed Under: Country Capitals
Exam Prep: Bank Exams , CAT

1 1481

Q:

Who is the author of "The Secret of the Nagas"?

A) Jhumpa Lahiri	B) Amish Tripathi
C) Ravinder Singh	D) Salman Rushdie

Answer & Explanation Answer: B) Amish Tripathi

Explanation:

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Filed Under: Books and Authors
Exam Prep: Bank Exams

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Q:

If two successive discounts of 50% and 10% are offered, then what is the net discount (in %)?

A) 50	B) 55
C) 60	D) 65

Answer & Explanation Answer: B) 55

Explanation:

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

0 1481

Q:

ABCD is a parallelogram in which AB = 7 cm, BC = 9 cm and AC = 8 cm. What is the length (in cm) of other diagonal?

A) 14	B) 14√2
C) 7	D) 7√2

Answer & Explanation Answer: A) 14

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

1 1480

Q:

The first step in the human resource planning process is

A) Assessing future demand	B) Assessing future supply
C) Preparing a job analysis	D) Forecasting future human resource needs

Answer & Explanation Answer: D) Forecasting future human resource needs

Explanation:

The first step in the human resource planning process is Forecasting future human resource needs.

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Filed Under: Human Resources
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

2 1480

Q:

Chhatrapati Sambhaji (1680–1688 AD) was the ruler of which dynasty?

A) Maratha	B) Nanda
C) Haryanka	D) Maurya

Answer & Explanation Answer: A) Maratha

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

0 1480

Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

Concern for one's own area or region at the expense of national or supranational unity

A) Eschew	B) Immolation
C) Cede	D) Provincialism

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