Explanations:The Arjuna Award is one of the most prestigious sports awards in India, established in 1961 by the Government of India. It is awarded annually to recognize outstanding achievement in sports by Indian athletes. The award is named after Arjuna, a legendary warrior from the Indian epic Mahabharata, known for his exceptional archery skills and prowess in battle.
The Arjuna Award is given to athletes who have won major international championships or have achieved a high level of performance in the Olympics, Asian Games, or other international multi-sport events. The award is intended to encourage and motivate athletes to perform at their best and to inspire others to take up sports and excel in their chosen disciplines.
The award includes a cash prize, a medal, and a scroll of honor. The cash prize amount is a significant sum that helps the athletes financially and serves as a recognition of their hard work and dedication. The current cash prize for the Arjuna Award is 5 lakhs, which is a substantial amount that can help the athletes in their future endeavors, whether it be further training, education, or other personal goals.
It is important to note that the cash prize amount for the Arjuna Award has been revised over the years. Initially, the cash prize was much lower, but it has been increased to reflect the growing importance of sports in India and to provide better incentives for athletes. The current amount of 5 lakhs is a reflection of the government's commitment to supporting and rewarding excellence in sports.
Understanding the details of the Arjuna Award, including the cash prize amount, is crucial for students preparing for competitive exams that test general knowledge and current affairs. It is also important for sports enthusiasts and those interested in the history and development of sports in India.