CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SPMCIL contributed ____ for National Sports Development Fund?
A
Rs.1 crore
B
Rs.2 crore
C
Rs.5 crore
D
Rs.10 crore
Explanation: 

Detailed explanation-1: -The National Sports Development Fund (NSDF) was established in 1998 under the Charitable Endowments Act 1890 and was notified by the Government of India in November, 1998. The purpose of the fund is to impart momentum and flexibility to assisting the cause of sports in India.

Detailed explanation-2: -What is Target Olympics Podium Scheme (TOPS)? The Ministry of Youth Affairs and Sports’ main initiative, the Target Olympic Podium Scheme, aims to support India’s finest athletes. The scheme aims to improve these athletes’ training so they can win Olympic medals.

Detailed explanation-3: -The NSDF has so far placed Rs. 48.50 crore at the disposal of Sports Authority of India (SAI) to meet the training / travel / providing of equipment to the athletes selected in TOPS. In addition, all the athletes selected in TOPS are also provided Rs.

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