The Precambrian time refers to the time 4.5 billion to 542 millions year ago. This period is characterized by having reduced atmosphere and included reduced compounds. Scientists believed that atmosphere at that time was devoid of free oxygen and CO2 was present in excess. Before the complex life evolved on the Earth, the Precambrian Earth's ocean contained dissolved carbon dioxide.
The level most commonly meant by the term biodiversity is the species level.
The correct answer is an accumulation of microorganisms in deep marine environments.
Chalk rock refers to a pure form of limestone produced in tropical and warm seas about 100 million years ago in the Cretaceous period. The microscopic marine algae known as coccoliths thrived in the ancient seas. Their shells were comprised of calcite. With the death of the algae, their bodies sunk to the floor of the sea and sediment of chalk got deposited.
Over many years layers of chalk sediment got deposited and resulted in compaction of loose sediment into solid chalk rock.