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  1. What is the age from which certain category of sports persons winning gold medals at international level are entitled to receive pension ?
    1. 30
    2. 40
    3. 50
    4. 60
Correct Option: A

The government of India launched the Sports Fund for Pension to Meritorious Sports persons in 1994. Under the scheme, pension is given to sports persons, who win medals in the Olympic Games and gold medals in Asian games. While Olympic medalists are given pension @ Rs. 2000/per month, gold medalists of Asian games are given pension @ Rs. 1500/ per month. Pension is given from the age of 30 till life. The scheme is being operated through the Life Insurance Corporation of India.


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