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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:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

It is not _____ to ignore all allegations of booth capturing and rigging as murmurs of _____ losers. _____ have come to light of intimidation of whole villages and communities to make them vote for a particular candidate or party. At times election officials have been _____ by unscrupulous politicians into turning a blind eye to _____ practices.

At times election officials have been _____ by unscrupulous politicians

A) decided B) safeguarded
C) rejuvenated D) threatened
 
Answer & Explanation Answer: D) threatened

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Filed Under: English
Exam Prep: Bank Exams

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Q:

What is the full form of ITCZ?

A) Inter tropical converter zone B) Inter tropical convergence zone
C) Inter tropical centre zone D) None of these
 
Answer & Explanation Answer: B) Inter tropical convergence zone

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Filed Under: Indian Geography
Exam Prep: Bank Exams

6 1559
Q:

Which is the biggest building at Mohenjodaro?

A) Great Bath B) Great Granary
C) Assembly Hall D) Rectangular Building
 
Answer & Explanation Answer: B) Great Granary

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Filed Under: Indian History
Exam Prep: Bank Exams

1 1559
Q:

Who built the Konark''s Sun Temple?

A) Anantavarman Chodaganga Deva B) Narasimhadeva I
C) Kapilendra Deva Routaray D) Purushottam Dev
 
Answer & Explanation Answer: B) Narasimhadeva I

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

If √[(1 - cosA)/2] = x, then the value of x is

A) cos(A/2) B) tan(A/2)
C) sin(A/2) D) cot(A/2)
 
Answer & Explanation Answer: C) sin(A/2)

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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 5% per annum is Rs 45. The sum is

A) Rs 36000 B) Rs 72000
C) Rs 18000 D) Rs 54000
 
Answer & Explanation Answer: C) Rs 18000

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Filed Under: Compound Interest
Exam Prep: Bank Exams

2 1559
Q:

Who is not amongst the winners of Nobel Prize 2016 for Chemistry?

A) Jean-Pierre Sauvage B) J. Michael Kosterlitz
C) Sir J. Fraser Stoddart D) Bernard L. Feringa
 
Answer & Explanation Answer: B) J. Michael Kosterlitz

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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