Gems and Jewellery: Checkpoint 1

Quick checkpoint - five questions on India's gems industry, the diamond pipeline, De Beers, lab-grown diamonds and Jaipur.

Quick checkpoint - five questions on India’s gems industry, the diamond pipeline, De Beers, lab-grown diamonds and Jaipur.

Question 1 of 5 How does India add value in diamonds?

Cutting and polishing imported rough diamonds Mining most diamonds Only selling retail Banning imports

India cuts about 90 percent by volume.

Question 2 of 5 Where does the largest diamond price mark-up usually occur?

At retail and branding At the mine In shipping At customs

Retail prices are many times rough value.

Question 3 of 5 What did De Beers' 1947 slogan do?

Made diamond engagement rings a tradition Lowered prices Banned resale by law Promoted lab diamonds

"A Diamond Is Forever" shaped demand.

Question 4 of 5 How do lab-grown diamonds compare to mined ones?

Chemically identical but much cheaper Fake glass More expensive Softer

Special equipment is needed to tell them apart.

Question 5 of 5 Which city is a hub for cutting emeralds?

Jaipur Shimla Guwahati Kochi

Rulers invited gem cutters in the 18th century.

We believe knowledge should be open to everyone, not limited by barriers.

Welcome to EconReads

This site is made for visually impaired learners, so our read-aloud reader is already switched on to help you explore hands-free.

You're in control - turn it off any time using the Reader button at the top of the page.

यह साइट दृष्टिबाधित शिक्षार्थियों के लिए बनाई गई है, इसलिए हमारा ज़ोर से पढ़ने वाला रीडर आपको बिना हाथ लगाए घूमने में मदद के लिए पहले से चालू है।

नियंत्रण आपके हाथ में है - पेज के ऊपर मौजूद रीडर बटन से इसे कभी भी बंद करें।

Don't show this message again

EconReader Reading speed Ready