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GIA DDG FINAL EXAM QUESTIONS WITH
DETAILED VERIFIED ANSWERS
A diamond grading system provides Ans: a consistent way to
communicate diamond quality.
A wholesaler is someone who Ans: sells to retailers.
Diamond prices on wholesale price lists Ans: depend on the market
conditions that exist when the lists are published.
Large, high quality diamonds are graded much more thoroughly than
small, low Ans: quality ones.
Diamond's supreme hardness and durability are Ans: a result of the
conditions under which it formed.
Once diamond deposits are located, mining companies Ans: must spend
additional time and money to evaluate and develop them.
An estimation of the value of an article is a(n) Ans: appraisal.
The most consistent and dependable sources of diamond grades are Ans:
reputable gemological laboratories.
Substantial price discounts are available to retailers and jewelry
manufacturers who Ans: can buy in large quantities.
A diamond's clarity and color grades indicate its Ans: quality.
Reputable gem laboratories don't grade mounted diamonds because Ans:
mountings hide details of clarity and cut.
Dealers often sort melee by size using Ans: sieves.
The diamond industry has changed dramatically in recent years because
Ans: the world's supply of diamond rough has increased.
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The Argyle mine in Australia contributed to Ans: the rise of the cutting
industry in India.
Wholesale price lists are usually organized according to Ans: specific
combinations of the Four Cs.
Before the discovery of South Africa's diamond deposits, the world's two
major producers were India and Ans: Brazil.
Diamond sources started appearing in South Africa during the Ans:
1860s.
The Central Selling Organisation was a Ans: rough diamond distribution
agency.
The South African diamond rush was sparked by Ans: the discovery of
the Star of South Africa.
The soft, diamond bearing material near the surface of a diamond field
was named Ans: yellowground.
Cecil Rhodes' main competitor in his early attempts to control diamond
production was Ans: Barney Barnato.
Who established De Beers Consolidated Mines Ltd. in 1888? Ans: Cecil
Rhodes
De Beers Consolidated Mines Ltd. was named after Ans: the owners of a
farm where one of the first diamond rushes took place.
The group that united in 1890 to buy and sell all of the output of the
major diamond producers, including De Beers, was the Ans: London
Diamond Syndicate.
Oppenheimer's answer to low diamond demand in the 1930s was to Ans:
shut down operations at De Beers mines.
The Diamond Information Center and the Diamond Promotion Service
were created to Ans: assist in diamond marketing efforts.
GIA DDG FINAL EXAM QUESTIONS WITH
DETAILED VERIFIED ANSWERS
A diamond grading system provides Ans: a consistent way to
communicate diamond quality.
A wholesaler is someone who Ans: sells to retailers.
Diamond prices on wholesale price lists Ans: depend on the market
conditions that exist when the lists are published.
Large, high quality diamonds are graded much more thoroughly than
small, low Ans: quality ones.
Diamond's supreme hardness and durability are Ans: a result of the
conditions under which it formed.
Once diamond deposits are located, mining companies Ans: must spend
additional time and money to evaluate and develop them.
An estimation of the value of an article is a(n) Ans: appraisal.
The most consistent and dependable sources of diamond grades are Ans:
reputable gemological laboratories.
Substantial price discounts are available to retailers and jewelry
manufacturers who Ans: can buy in large quantities.
A diamond's clarity and color grades indicate its Ans: quality.
Reputable gem laboratories don't grade mounted diamonds because Ans:
mountings hide details of clarity and cut.
Dealers often sort melee by size using Ans: sieves.
The diamond industry has changed dramatically in recent years because
Ans: the world's supply of diamond rough has increased.
, Page | 2
The Argyle mine in Australia contributed to Ans: the rise of the cutting
industry in India.
Wholesale price lists are usually organized according to Ans: specific
combinations of the Four Cs.
Before the discovery of South Africa's diamond deposits, the world's two
major producers were India and Ans: Brazil.
Diamond sources started appearing in South Africa during the Ans:
1860s.
The Central Selling Organisation was a Ans: rough diamond distribution
agency.
The South African diamond rush was sparked by Ans: the discovery of
the Star of South Africa.
The soft, diamond bearing material near the surface of a diamond field
was named Ans: yellowground.
Cecil Rhodes' main competitor in his early attempts to control diamond
production was Ans: Barney Barnato.
Who established De Beers Consolidated Mines Ltd. in 1888? Ans: Cecil
Rhodes
De Beers Consolidated Mines Ltd. was named after Ans: the owners of a
farm where one of the first diamond rushes took place.
The group that united in 1890 to buy and sell all of the output of the
major diamond producers, including De Beers, was the Ans: London
Diamond Syndicate.
Oppenheimer's answer to low diamond demand in the 1930s was to Ans:
shut down operations at De Beers mines.
The Diamond Information Center and the Diamond Promotion Service
were created to Ans: assist in diamond marketing efforts.
