What is true for photosynthesis $-$

Choose the incorrect statement with respect to photosynthesis.

Photosynthesis takes place in:

Consider the following statements regarding photosynthesis:
$(A)$ $ATP$ formation during photosynthesis is termed as photophosphorylation.
$(B)$ Kranz anatomy pertains to leaf.
$(C)$ Reduction of $NADP^+$ to $NADPH$ occurs during Calvin cycle.
$(D)$ In a chlorophyll molecule,magnesium is present in the phytol tail.
Which of the above statements are correct?

During daylight hours,the rate of photosynthesis is higher than that of respiration,and the ratio of oxygen produced to that of consumed is (in $:1$)

Provide the full names for the following abbreviations:
$(1)$ $PGA$
$(2)$ $OAA$