Project ForgeGeneral Aptitude
Verbal Aptitude
GATE 2020
Easy
Crowd funding deals with mobilisation of funds for a project from a large number of people, who would be willing to invest smaller amounts through web-based platforms in the project. Based on the above paragraph, which of the following is correct about crowd funding?
- AFunds raised through unwilling contributions on web-based platforms.
- BFunds raised through large contributions on web-based platforms.
- CFunds raised through coerced contributions on web-based platforms.
- Funds raised through voluntary contributions on web-based platforms.
Explanation
The passage explicitly says people 'would be willing to invest smaller amounts' — matching only the 'voluntary contributions' option; the passage contradicts 'unwilling'/'coerced' and specifies smaller (not large) amounts.
Source: GATE ME 2020 Session 1 (ME-1) (2020)
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