How much cash reward did the Indian Olympic Association, IOA, announce for an Indian gold-medal winner at the Rio 2016 Olympics?
A
₹20 lakh
B
₹25 lakh
C
₹50 lakh
D
₹10 lakh
Correct Option:
C
Explanation
The Indian Olympic Association announced a cash reward of ₹50 lakh for an Indian athlete winning a gold medal at the Rio 2016 Olympics. The announced rewards were ₹30 lakh for silver and ₹20 lakh for bronze.