History, Mining, And Value Chain Of Diamonds Practice Test

Which city is historically recognized as a major modern polishing and trading center for diamonds?

Antwerp Surat Mumbai Dubai

Correct Answer:

Mumbai

Explanation:

Diamonds flow through a market when there is a dense ecosystem of skilled cutters, polishing facilities, traders, and financial support. Mumbai grew into a major modern polishing and trading center because it combines a large workforce of gem-cutting and polishing craftsmen with a strong commercial and financial infrastructure and ready access to international shipping. The city became a focal point for sourcing rough stones, financing polishing operations, and moving polished diamonds to buyers around the world, creating a tightly connected supply chain. While other cities have strong roles in specific parts of the chain, Mumbai’s integrated trade network and industrial scale have made it widely recognized as a leading modern hub for diamond polishing and trading.

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