GIA DIAMOND ESSENTIALS FINAL EXAM
TEST BANK 2026 UPDATED QUESTIONS
AND ACCURATE ANSWERS GRADED A+
⩥ The diamond industry has changed dramatically in recent years
because. Answer: the world's supply of diamond rough has increased.
⩥ A diamond grading system provides. Answer: a consistent way to
communicate diamond quality.
⩥ Diamond's supreme hardness and durability are. Answer: a result of
the conditions under which it formed.
⩥ Wholesale price lists are usually organized according to. Answer:
specific combinations of the Four Cs.
⩥ An estimation of the value of an article is a(n). Answer: appraisal
⩥ The most consistent and dependable sources of diamond grades are.
Answer: reputable gemological laboratories.
⩥ A diamond's clarity and color grades indicate its. Answer: quality
,⩥ Once diamond deposits are located, mining companies. Answer: must
spend additional time and money to evaluate and develop them.
⩥ Large, high-quality diamonds are. Answer: graded much more
thoroughly than small, low-quality ones.
⩥ Reputable gem laboratories don't grade mounted diamonds because.
Answer: mountings hide details of clarity and cut.
⩥ A wholesaler is someone who. Answer: sells to retailers
⩥ Diamond prices on wholesale price lists. Answer: depend on the
market conditions that exist when the lists are published.
⩥ Dealers often sort melee by size using. Answer: sieves
⩥ The Argyle mine in Australia contributed to. Answer: the rise of the
cutting industry in India.
⩥ Sightholders purchase diamond rough by. Answer: attending
invitation-only trading events.
⩥ Before the discovery of South Africa's diamond deposits, the world's
two major producers were India and. Answer: Brazil
,⩥ Cecil Rhodes' main competitor in his early attempts to control
diamond production was. Answer: Barney Barnato
⩥ The group that united in 1890 to buy and sell all of the output of the
major diamond producers, including De Beers, was the. Answer: London
Diamond Syndicate
⩥ Oppenheimer's answer to low diamond demand in the 1930s was to.
Answer: shut down operations at De Beers mines.
⩥ In the diamond trade, the word "specials" refers to. Answer: diamond
rough over 10.80 cts.
⩥ The Central Selling Organisation was a. Answer: rough diamond
distribution agency.
⩥ The South African diamond rush was sparked by. Answer: the
discovery of the Star of South Africa.
⩥ Diamond sources started appearing in South Africa during the.
Answer: 1860's
, ⩥ The path diamonds followed from mine to consumer was called the.
Answer: diamond pipeline.
⩥ The Diamond Information Center and the Diamond Promotion
Service were created to. Answer: assist in diamond marketing efforts.
⩥ The soft, diamond-bearing material near the surface of a diamond
field was named. Answer: yellowground.
⩥ De Beers Consolidated Mines Ltd. was named after. Answer: the
owners of a farm where one of the first diamond rushes took place.
⩥ Who established De Beers Consolidated Mines Ltd. in 1888?.
Answer: Cecil Rhodes
⩥ De Beers requires its sightholders to have an excellent reputation in
the industry and. Answer: the financial strength to make large purchase
commitments.
⩥ Which diamond mine's huge production influenced the world market
in the late 1980s?. Answer: Argyle
⩥ Because the Australians believed the CSO's marketing favored large
stones over smaller ones, they. Answer: aggressively promoted jewelry
set with their own tiny gems.
TEST BANK 2026 UPDATED QUESTIONS
AND ACCURATE ANSWERS GRADED A+
⩥ The diamond industry has changed dramatically in recent years
because. Answer: the world's supply of diamond rough has increased.
⩥ A diamond grading system provides. Answer: a consistent way to
communicate diamond quality.
⩥ Diamond's supreme hardness and durability are. Answer: a result of
the conditions under which it formed.
⩥ Wholesale price lists are usually organized according to. Answer:
specific combinations of the Four Cs.
⩥ An estimation of the value of an article is a(n). Answer: appraisal
⩥ The most consistent and dependable sources of diamond grades are.
Answer: reputable gemological laboratories.
⩥ A diamond's clarity and color grades indicate its. Answer: quality
,⩥ Once diamond deposits are located, mining companies. Answer: must
spend additional time and money to evaluate and develop them.
⩥ Large, high-quality diamonds are. Answer: graded much more
thoroughly than small, low-quality ones.
⩥ Reputable gem laboratories don't grade mounted diamonds because.
Answer: mountings hide details of clarity and cut.
⩥ A wholesaler is someone who. Answer: sells to retailers
⩥ Diamond prices on wholesale price lists. Answer: depend on the
market conditions that exist when the lists are published.
⩥ Dealers often sort melee by size using. Answer: sieves
⩥ The Argyle mine in Australia contributed to. Answer: the rise of the
cutting industry in India.
⩥ Sightholders purchase diamond rough by. Answer: attending
invitation-only trading events.
⩥ Before the discovery of South Africa's diamond deposits, the world's
two major producers were India and. Answer: Brazil
,⩥ Cecil Rhodes' main competitor in his early attempts to control
diamond production was. Answer: Barney Barnato
⩥ The group that united in 1890 to buy and sell all of the output of the
major diamond producers, including De Beers, was the. Answer: London
Diamond Syndicate
⩥ Oppenheimer's answer to low diamond demand in the 1930s was to.
Answer: shut down operations at De Beers mines.
⩥ In the diamond trade, the word "specials" refers to. Answer: diamond
rough over 10.80 cts.
⩥ The Central Selling Organisation was a. Answer: rough diamond
distribution agency.
⩥ The South African diamond rush was sparked by. Answer: the
discovery of the Star of South Africa.
⩥ Diamond sources started appearing in South Africa during the.
Answer: 1860's
, ⩥ The path diamonds followed from mine to consumer was called the.
Answer: diamond pipeline.
⩥ The Diamond Information Center and the Diamond Promotion
Service were created to. Answer: assist in diamond marketing efforts.
⩥ The soft, diamond-bearing material near the surface of a diamond
field was named. Answer: yellowground.
⩥ De Beers Consolidated Mines Ltd. was named after. Answer: the
owners of a farm where one of the first diamond rushes took place.
⩥ Who established De Beers Consolidated Mines Ltd. in 1888?.
Answer: Cecil Rhodes
⩥ De Beers requires its sightholders to have an excellent reputation in
the industry and. Answer: the financial strength to make large purchase
commitments.
⩥ Which diamond mine's huge production influenced the world market
in the late 1980s?. Answer: Argyle
⩥ Because the Australians believed the CSO's marketing favored large
stones over smaller ones, they. Answer: aggressively promoted jewelry
set with their own tiny gems.
