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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 1574
Q:

Coefficient of x in (x + 9)(8 - 5x) is

A) 37 B) -53
C) -37 D) 53
 
Answer & Explanation Answer: C) -37

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams

0 1574
Q:

Which script was used in Ashoka's inscriptions?

A) Brahmi B) Devanagiri
C) Gurmukhi D) Sanskrit
 
Answer & Explanation Answer: A) Brahmi

Explanation:
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Filed Under: Indian History
Exam Prep: AIEEE , GATE

2 1574
Q:

By which legislation were India and Pakistan divided into two independent nations?

A) Pakistan Independence Act 1947 B) Indian Independence Act 1947
C) Indian partition Act 1947 D) Pakistan partition Act 1947
 
Answer & Explanation Answer: B) Indian Independence Act 1947

Explanation:
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Filed Under: Indian History
Exam Prep: CAT , Bank Exams , AIEEE

1 1574
Q:

The dispute over Siachin Glacier is between

A)  India and China B) India and Afghanistan
C) India and Pakistan D)  India and Nepal
 
Answer & Explanation Answer: C) India and Pakistan

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

1 1574
Q:

Who elected as new King of Malaysia?

A) Ibrahim Ismail B) Nazrin Shah
C) Sultan Abdullah D) Ahmad Shah
 
Answer & Explanation Answer: C) Sultan Abdullah

Explanation:

The new King of Malaysia is Sultan Abdullah.

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

1 1574
Q:

In 1537, which English King declared Feb14 of St. Valentine's Day?

A) Henry VIII B) Henry VII
C) Henry V D) Henry VI
 
Answer & Explanation Answer: B) Henry VII

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

0 1574
Q:

In ∆ ABC, the height CD intersects AB at D. The midpoints of AB and BC are P and Q respectively. If AD = 8 cm and CD = 6 cm, then the length of PQ is?

A) 3 cm B) 7 cm
C) 9 cm D) 5 cm
 
Answer & Explanation Answer: D) 5 cm

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

1 1573