Q. Consider the following statements regarding the World Diamond Council (WDC):
1.It was established in 2000 to represent the entire diamond value chain and to combat the trade in conflict diamonds.
2.It played a key role in the development and ongoing support of the Kimberley Process Certification Scheme (KPCS).
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Explanation: Both are correct

Statement 1 is correct: The WDC was established in 2000 to represent the entire diamond industry and address conflict diamond-related issues.​

Statement 2 is correct: WDC helped develop the Kimberley Process Certification Scheme and remains actively involved.​

Source: DD News

Blog
Academy
Community