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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 1604
Q:

Madrid is the Capital City of _____.

A) Philippines B) Maldives
C) Spain D) United Kingdom
 
Answer & Explanation Answer: C) Spain

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Filed Under: Country Capitals
Exam Prep: Bank Exams

1 1604
Q:

If (1 - sinA)/(1 + sinA) = x, then x is

A) (cosecA - cotA)2 B) secA - tanA
C) (secA - tanA)2 D) cosecA - cotA
 
Answer & Explanation Answer: C) (secA - tanA)2

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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.

3, 9, 4, 16, 5, ?

A) 6 B) 25
C) 20 D) 18
 
Answer & Explanation Answer: B) 25

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Filed Under: Number Series
Exam Prep: Bank Exams

4 1604
Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select ‘No Error’.

 

Acquired immunity is the result of an (1)/ interaction with our new environment and (2)/ proper digestion of all that we take off. (3)/ No error (4)

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: C) 3

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Filed Under: English
Exam Prep: Bank Exams

0 1604
Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

He had to ______ his theft.

A) repent for B) repent in
C) repented D) repenting
 
Answer & Explanation Answer: A) repent for

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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 alternative which is the best substitute of the phrase.

Evening prayer in church

A) Sheath B) Jig
C) Waltz D) Vespers
 
Answer & Explanation Answer: D) Vespers

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Sewing machine was invented by

A) Alfred P. Southwick B) Isaac Singer
C) Murasaki Shikibu D) Hanaoka Seishu
 
Answer & Explanation Answer: B) Isaac Singer

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Filed Under: Inventions
Exam Prep: Bank Exams

0 1603