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  • Question
  • How did the Interstate Commerce Act of 1887 help farmers?


  • Options
  • A. It took government payments to railroads and gave them to farmers.
  • B. It gave farmers shares in the largest railroad companies.
  • C. It prevented railroads from charging farmers more than other customers.
  • D. It forced railroads to build lines to the largest farming areas.

  • Correct Answer
  • It prevented railroads from charging farmers more than other customers. 

    Explanation

    In 1887 Congress passed the Interstate Commerce Act, making the railroads the first industry subject to Federal regulation. Congress passed the law largely in response to public demand that railroad operations be regulated.

     

    Railroads discriminated in the prices they charged to passengers and shippers in different localities by providing rebates to large shippers or buyers. These practices were especially harmful to American farmers, who lacked the shipment volume necessary to obtain more favorable rates.

  • Tags: AIEEE, Bank Exams, Analyst, Bank Clerk

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    • Options
    • A. Aptiva
    • B. Macintosh
    • C. Acorn
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    • 2. On July 12, 1982, the ARDC was merged into


    • Options
    • A. RBI
    • B. NABARD
    • C. EXIM Bank
    • D. None of the above
    • Discuss
    • 3. Outer covering of virus made up of protein is

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    • B. coat
    • C. virion
    • D. viriod
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    • Options
    • A. Report
    • B. Field
    • C. Record
    • D. File
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    • 5. In which year did Milkha Singh win the first National title in the 400 m race?

    • Options
    • A. 1955
    • B. 1956
    • C. 1957
    • D. 1970
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    • 6. Bismillah Khan was associated with?

    • Options
    • A. Sarod
    • B. Shehnai
    • C. Flute
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    • 7. The light of distant stars is affected by


    • Options
    • A. the earth's atmosphere
    • B. interstellar dust
    • C. both (a) and (b)
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    • 8. The minor planets revolving between the orbits of Jupiter and Mars are called

    • Options
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    • C. Meteors
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    • B. Author webpages
    • C. Translate one language into another
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    • Options
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