GIA Diamond and Diamond Grading Assignment 2 Exam Questions and Answers
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Course
Diamond grading
Institution
Diamond Grading
Where are the majority of rough diamonds cut and polished?
A. Surat, India
B. Tel Aviv, Israel
C. Antwerp, Belgium
D. New York, United States - Answer-A. Surat, India
What is an upstream segment of the diamond value chain?
A. Cutting and polishing
B. Jewelry manufacturing
C. Sorting and d...
GIA Diamond and Diamond Grading
Assignment 2 Exam Questions and
Answers
Where are the majority of rough diamonds cut and polished?
A. Surat, India
B. Tel Aviv, Israel
C. Antwerp, Belgium
D. New York, United States - Answer-A. Surat, India
What is an upstream segment of the diamond value chain?
A. Cutting and polishing
B. Jewelry manufacturing
C. Sorting and distribution
D. Faceted diamond trading - Answer-C. Sorting and distribution
What business plan describes operation in multiple segments?
A. Diamond pipeline
B. Vertical integration
C. Multi-channel market
D. Single-channel market - Answer-B. Vertical integration
What led to De Beers's control of the diamond trade?
A. Great Depression
B. Strong global campaigns
C. Limited Russian production
D. Death of Ernest Oppenheimer - Answer-B. Strong global campaigns
What describes large-scale mining companies that lead the industry?
A. Chiefs
B. Majors
C. Principals
D. Dry diggers - Answer-B. Majors
What group formed in the late 1800s to buy and sell all diamond production?
A. Diamond Trading Company
B. London Diamond Syndicate
C. Antwerp Diamond Association
D. De Beers Consolidated Mines Ltd. - Answer-B. London Diamond Syndicate
Who took control of all claims in the De Beers and Kimberley mines?
A. Cecil Rhodes
B. Lawrence Graff
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