India has a high export earnings from diamonds. In this context, consider the following:
1. Small Production of Industrial Diamonds
2. High Diamonds stock
3. Availability of experts on cutting and polishing.
Which among the above is most appropriate reason being the above statements?
Answer: C
The central government move to curb the unscrupulous practices of round tripping of polished diamonds seems to have paid off. For the first time in a decade India’s polished diamond export is expected to fail by around 37 percent to $ 17 billion in 2012-13.