Correct option is B
• The Gandhi Peace Prize carries a cash award of ₹1 crore.
• It is awarded annually by the Government of India for contributions towards social, economic, and political transformation through non-violence.
Information Booster:
• Instituted in 1995 on the occasion of Mahatma Gandhi’s 125th birth anniversary.
• It is similar in prestige to international awards like the Nobel Prize.
Additional Knowledge:
• ₹50 lakhs, ₹2 crores, ₹5 crores – incorrect amounts