In terms of both quantity and value, which one of the follwing countries is the largest cutting and polishing centre of diamonds in the world ?

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Q: 48 (IES/2008)
In terms of both quantity and value, which one of the follwing countries is the largest cutting and polishing centre of diamonds in the world ?

question_subject: 

Current Affairs

question_exam: 

IES

stats: 

0,16,10,2,0,16,8

keywords: 

{'diamonds': [0, 0, 1, 0], 'largest cutting': [0, 0, 1, 0], 'belgium': [6, 2, 8, 4], 'india': [8, 1, 7, 13], 'france': [1, 0, 0, 0], 'countries': [1, 0, 2, 6], 'south africa': [16, 2, 21, 32], 'centre': [10, 3, 7, 19], 'value': [0, 0, 1, 0]}

The correct answer is option 3 - India. India is the largest cutting and polishing center of diamonds in the world in terms of both quantity and value. To understand why India holds this distinction, let`s examine the other options:

Option 1 - Belgium: Belgium is known for its diamond industry, particularly the city of Antwerp, which is famous for its diamond district. However, in terms of both quantity and value, India surpasses Belgium.

Option 2 - France: France is not known for its diamond cutting and polishing industry. It is more associated with luxury goods, including high-end jewelry, but not the manufacturing processes involved.

Option 4 - South Africa: South Africa is rich in diamond resources and has a significant diamond mining industry. However, it is not the largest cutting and polishing center in terms of both quantity and value. India has a well-established diamond manufacturing industry that surpasses South Africa`s output.

Therefore, the correct answer is India, as it is the largest cutting and polishing center for diamonds in the world.