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 for the project. Based on the above paragraph, which of the following is correct about crowd funding?
Options:
(A) Funds raised through unwilling contributions on web-based platforms.
(B) Funds raised through large contributions on web-based platforms.
(C) Funds raised through coerced contributions on web-based platforms.
(D) Funds raised through voluntary contributions on web-based platforms.
Official Answer Key:
D
Step-by-Step Solution & Explanation
### **Official Solution & Step-by-Step Derivation (GATE PH 2020 Q.6 / GA Q.6)**
**1. Logical Deduction from Passage**:
- The passage explicitly states that crowd funding mobilizes funds from people **"who would be willing to invest smaller amounts"**.
- "Willing to invest" directly implies **voluntary** contributions rather than coerced, unwilling, or mandatory levies.
- "Smaller amounts from a large number of people" directly contradicts "large contributions" in Option (B).
**2. Option Breakdown**:
- (A) Incorrect: The passage specifies willingness, not unwillingness.
- (B) Incorrect: Contributions are individually small, not large.
- (C) Incorrect: No coercion is described.
- (D) Correct: Accurately reflects willing (voluntary) participation.
**3. Official Verification**:
The verified official IIT Delhi Master Answer is **Option (D)**.
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