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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 question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/Phrase.
Bear the palm

A) To face the consequences B) To meet death
C) To be able to predict future D) To win
 
Answer & Explanation Answer: D) To win

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Highest Civilian Honour received by Kamal Haasan is _______.

A) Padma Shri B) Padma Bhushan
C) Padma Vibhushan D) Bharat Ratna
 
Answer & Explanation Answer: B) Padma Bhushan

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Find the odd word/letters/number from the given alternatives.

A) 63­-36 B) 45-­74
C) 48-­84 D) 26-­62
 
Answer & Explanation Answer: B) 45-­74

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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.
The residents celebrated Diwali.

A) Celebration of Diwali was done by the residents. B) Diwali has been celebrated by the residents.
C) Diwali was celebrated by the residents. D) Diwali is celebrated by the residents.
 
Answer & Explanation Answer: C) Diwali was celebrated by the residents.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Electric Motor converts _____ energy to mechanical energy

A) sound B) mechanical
C) chemical D) electrical
 
Answer & Explanation Answer: D) electrical

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Select the odd letters from the given alternatives.

A) EHK B) ZBD
C) LOR D) SVY
 
Answer & Explanation Answer: B) ZBD

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Filed Under: Odd Man Out
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.

One who is honourably discharged from service

A) Belligerent B) Emeritus
C) Truant D) Mercenary
 
Answer & Explanation Answer: B) Emeritus

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Filed Under: English
Exam Prep: Bank Exams

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