CURRENT AFFAIRS

Detailed explanation-1: -Reliance industries partners with the Indian Olympic Association for the Olympics, Commonwealth and Asian Games as part of its ambition to make India a global sporting powerhouse.

Detailed explanation-2: -Reliance and IOA have entered into a long-term partnership under which the conglomerate run by billionaire Mukesh Ambani will help sports federations and athletes prepare for events, such as Olympics, Asian Games and Commonwealth Games.

Detailed explanation-3: -Under this partnership, RIL and IOA will also establish the first-ever India House at Paris Olympics 2024. As IOA’s Principal Partner, RIL will support Indian athletes in major multi-sport events including the Commonwealth Games, Asian Games and the Olympics Games.

Detailed explanation-4: -Detailed Solution. The correct answer is Adani Sportsline. Adani Sportsline, the sports arm of the Adani Group, has inked a long-term principal sponsorship deal with the Indian Olympic Association (IOA).

Detailed explanation-5: -Inception and Governance The IOA was established in 1927 with Sir Dorabji Tata as its founding president. It is currently governed by a 32-member Executive Council, whose elections are held once every four years.