Consider the following statements: A. Dronacharya Awards are given to sportspersons for outstanding performances at the national level. B. Dronacharya Award carries a cash prize of Rs. 7 lakhs. Which of the above statements is/are correct Select the code for the correct answer from the options given below :?

Option 4 : Neither A nor B

The correct answer is Neither A nor B.

• Dronacharya Award is given to those coaches who have successfully trained sportspersons or team and enable them to achieve outstanding results in international competitions.
• This eminent award was started in the year 1985.
• This award is named after the legendary guru or teacher ‘Dronacharya’.
• Eligibility for Dronacharya Award :
  • The coach is eligible for Dronacharya Award whose player/ players has/have achieved following positions:
    • The player, who has won gold, silver or bronze medal at the World Championship.
    • The player, who has won gold, silver or bronze medal at Olympic Games or at World Cup Tournament or at World Championship.
    • The player, who has won the gold medal at Asian Games or Commonwealth Games.
    • The player, who has broken the world record. This record should have been recognised by the International Sports Federation.
• The prize money for Dronacharya (Lifetime) awards will be increased from Rs 5 lakh to Rs 15 lakh.