Home » Tag Archives: USA Related Questions and Answers

Tag Archives: USA Related Questions and Answers

Financial Action Task Force: Define FATF?

Money Laundering: Financial Action Task Force

A major economic evil related to financial sector is the practice of money laundering. Money laundering involves keeping financial assets from illegal activity in a disguised manner. This money is kept without detection of the illegal activity for future use. Through money laundering, the launderer transforms the monetary proceeds derived from criminal activity into funds with an apparently legal source. …

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What’s Generalized System of Preferences: GSP

India USA Ties / Relationship

The US has withdrawn the Generalized System of Preferences (GSP) benefits provided to India and few other developing countries. GSP withdrawal will be enforced from 5th of June 2019. GSP is an arrangement that allows concessional or zero tariff imports from developing couturiers into the US. Withdrawal of the GSP benefit is expected to adversely affect exports from India. What …

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Who invented the Cigarette?

Cigarette smoking is injurious to health

The cigarette was the last method of taking tobacco to be developed. Previously it had been smoked in pipes and cigars, inhaled as snuff (in powder form) and chewed. Tobacco itself was brought to Europe and the rest of the world when Columbus discovered America, and it was thought to have marvelous medicinal properties. No one could be said to …

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What is terminated seed technology-based bollygard seeds?

What is terminated seed technology-based bollygard seeds?

The bollygard cotton seed is suspected to have the ‘terminator seed’ technology which involves introduction of a gene that terminates the germination of the seeds after onetime usage. ‘Terminator’ is actually a name coined by the Canadian non-governmental organisation Rural Advancement Foundation International (RAFI) for a technology that essentially controls the expression of certain genes, causing the plant to turn …

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What is the History and Origin of International Labour Day?

What is the History and Origin of International Labour Day?

International Workers’ Day is the big celebration on the world level and it is celebrated to commemorate the 4th of May of 1886, the Haymarket affair (Haymarket Massacre) in the Chicago. It is the big event of that year when workers were on the general strike for their eight-hour workday and police were doing their job of dispersing the general …

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Why France celebrate Labour Day or May Day?

Why France celebrate Labour Day or May Day?

Strangely enough, it started in the USA. On 1 May 1886 American Labor Unions organized a strike in favor of limiting working hours to an eight-hour day. In 1889 the 2nd Socialist International decided to may May 1st a special day for demonstrations. But it was a right-wing government that consolidated the festival; in 1941 the Vichy government, Hitler‘s puppet, …

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Which state first granted Labour Day legal status as holiday?

Which state first granted Labour Day legal status as holiday?

Oregon passed on February 21, 1887 the first legislation in the country to officially recognize the “workingman’s holiday”. Labor Day was first celebrated five years earlier, on Tuesday, September 5, 1882 in New York City. The Central Labor Union urged other labor organizations to recognize the holiday, which was moved to the first Monday in September in 1884. Labor Day …

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When did Congress vote Labour Day a federal holiday?

When did Congress vote Labour Day a federal holiday?

On June 28, 1894, President Grover Cleveland signed legislation that had been rushed through Congress, declaring Labor Day a national holiday, to be observed the first Monday in September. Since 1883, Labor Day had been celebrated at local and state levels. Matthew Maguire, later the secretary of Local 344 of the International Association of Machinists in Paterson, N.J., proposed the …

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When was the first Labour Day Parade held?

Where was the first Labour Day parade celebrated?

The first Labor Day parade in the United States was held in New York City on Tuesday, September 5, 1882. More than 10,000 workers marched. It was organized by the Central Labor Union, a body representing 60 unions and over 80,000 people. The CLU was a secret lodge of the Knights of Labor, the major national union of the time. …

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What is Labour Day? Explain Haymarket Affair

What is Labour Day?

Labour Day or Labor Day is an annual holiday to celebrate the economic and social achievements of workers. Labour Day has its origins in the labour union movement, specifically the eight-hour day movement, which advocated eight hours for work, eight hours for recreation, and eight hours for rest. International Labour Day or May Day is celebrated to finish the struggle …

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