In which period and by which nearest ancestors did the evolution of modern man take place?
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Solution
The study of living and fossil primates shows that the primates ( including monkey and man ) has descended from a common ancestor and separated from the main stock during "Oligocene period" ( 25-30 million years ago).
The nearest ancestor from which the modern man i.e. Homo sapiens evolved is the Cro-magnon man (Homo sapiens fossilis) or fossil man closest to modern man or direct ancestor of living modern man.