CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How much amount has been funded by Sports Ministry for athletes under the Target Olympic Podium Scheme (TOPS) for their preparations for 2020 Olympics?
A
Rs 200 crore
B
Rs 100 crore
C
Rs 150 crore
D
Rs 250 crore
Explanation: 

Detailed explanation-1: -A monthly stipend of Rs. 50, 000 is also provided to each athlete.

Detailed explanation-2: -Mission Olympic Cell (MOC) The Mission Olympic Cell is a special organization established to support the athletes chosen under the TOP Scheme.

Detailed explanation-3: -The Target Olympic Podium Scheme or TOPS was launched in 2014 under the aegis of the Ministry of Youth Affairs and Sports (MYAS), GOI. The chief objective of the scheme is to provide financial assistance and other help to athletes in their pursuit of medals in the Olympics and other international sporting events.

Detailed explanation-4: -Spending around a month in the Olympic village can be costly for Olympic athletes. However, the Olympic Committee tends to pay for most of the expenses, such as food, accommodation and transportation. Most teams have corporate or private sponsors who pay for the Olympians’ costs.

Detailed explanation-5: -The gold medallists in the games would get a cash award of ₹1.50 crore, whereas ₹75 lakh and ₹50 lakh would be given to those who win silver and bronze medals.

There is 1 question to complete.