UPSC Prelims Practice Questions — Gem and jewellery exports stable in April-Jan. at $23.19 bn

Q1. Which one of the following is the apex export promotion body for India's gem and jewellery sector, operating under the aegis of the Ministry of Commerce and Industry?

  • A. Gem & Jewellery Export Promotion Council (GJEPC)
  • B. Federation of Indian Export Organisations (FIEO)
  • C. Engineering Export Promotion Council (EEPC India)
  • D. Council for Leather Exports (CLE)

Q2. In the context of India's gem and jewellery trade, the term 'Kimberley Process Certification Scheme', for which GJEPC is the nodal implementing agency in India, primarily refers to which of the following?

  • A. An international certification regime to prevent the trade in conflict (rough) diamonds that fund civil wars
  • B. A hallmarking scheme that certifies the purity of gold jewellery sold for domestic retail
  • C. A WTO-administered framework that fixes export quotas for cut and polished diamonds among member states
  • D. An OECD scheme that certifies ethical sourcing of coloured gemstones from artisanal miners

Q3. As per GJEPC data for April 2025–January 2026, which one of the following was India's single largest export destination for gems and jewellery — and the market in which shipments contracted the most sharply due to elevated tariffs?

  • A. United States of America
  • B. United Arab Emirates
  • C. Hong Kong
  • D. Belgium

Q4. The Gem & Jewellery Export Promotion Council (GJEPC), India's apex body for gem and jewellery exports, was set up by the Government of India in which year and under which Ministry?

  • A. 1966, under the Ministry of Commerce and Industry
  • B. 1963, under the Ministry of Finance
  • C. 1972, under the Ministry of Textiles
  • D. 1991, under the Ministry of External Affairs