The Surat Diamond Bourse (SDB) is recognized as the world's largest office complex dedicated to diamond and jewelry trading. This significant establishment is situated near Surat city in India, serving as a pivotal center for the international diamond trade.
Covering an expansive area of over 67 lakh square feet, the SDB is meticulously designed to function as a central hub for diamond transactions. Its facilities include:
The SDB was recently inaugurated by India’s Prime Minister, marking a significant milestone in the country’s journey to enhance its global trade stature. This inauguration signifies India's commitment to advancing its position in the international diamond market.
As the SDB opens its doors, diamond traders, including those relocating from Mumbai, have begun to establish their offices within the complex. This migration highlights the growing interest in the SDB as a primary location for diamond trading.
Part of the Diamond Research and Mercantile City initiative, the SDB is poised to enhance Surat’s status in the global diamond industry. By consolidating resources and expertise, it aims to drive growth and innovation in diamond trading.
Q1. What is the purpose of the Surat Diamond Bourse?
Answer: The Surat Diamond Bourse serves as the world's largest office complex for diamond and jewelry trading, enhancing India's position in the global market.
Q2. What facilities are available at the SDB?
Answer: The SDB includes a customs clearance house, jewelry mall, international banking services, and secure vaults for the safety of jewelry and diamonds.
Q3. Who inaugurated the Surat Diamond Bourse?
Answer: The Surat Diamond Bourse was inaugurated by India's Prime Minister, highlighting its significance in boosting trade.
Q4. Why are traders relocating to the SDB?
Answer: Traders are moving to the Surat Diamond Bourse to take advantage of its facilities and strategic location for diamond trading.
Q5. What is the strategic importance of the SDB?
Answer: The SDB aims to consolidate Surat's position in the global diamond industry, fostering growth and innovation through its extensive resources.
Question 1: What is the main function of the Surat Diamond Bourse?
A) Manufacturing diamonds
B) Office complex for diamond trading
C) Tourism promotion
D) Jewelry exhibition
Correct Answer: B
Question 2: Who inaugurated the Surat Diamond Bourse?
A) The Chief Minister of Gujarat
B) The President of India
C) India's Prime Minister
D) The Governor of Gujarat
Correct Answer: C
Question 3: Which facility is NOT included in the Surat Diamond Bourse?
A) Customs Clearance House
B) Jewelry Mall
C) Hotel accommodations
D) Secure Vaults
Correct Answer: C
Question 4: How much area does the Surat Diamond Bourse cover?
A) 50 lakh square feet
B) 67 lakh square feet
C) 75 lakh square feet
D) 40 lakh square feet
Correct Answer: B
Question 5: What initiative is the Surat Diamond Bourse part of?
A) Diamond Research and Mercantile City
B) Surat Urban Development
C) National Trade Policy
D) Global Diamond Initiative
Correct Answer: A
Question 6: Why is the Surat Diamond Bourse important for India?
A) It promotes tourism
B) It enhances global trade stature
C) It focuses on agriculture
D) It deals with electronics
Correct Answer: B
Question 7: Which city is the Surat Diamond Bourse located in?
A) Mumbai
B) Surat
C) Ahmedabad
D) New Delhi
Correct Answer: B
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