Section 1: Award Identification
The Major Dhyan Chand Khel Ratna Award is India's premier sporting accolade. Awarded by the Ministry of Youth Affairs and Sports, it acknowledges exceptional athletic achievements spanning four years.
Section 2: Monetary Award Value
Current information indicates the award includes a ₹25 lakh cash prize, a medal, and a citation. This sum represents the highest cash component among Indian sports awards.
Section 3: Comparative Award Structures
- The Arjuna Award is accompanied by ₹15 lakhs.
- The Dronacharya Award (for coaching) also offers ₹15 lakhs.
- The Rani Lakshmi Bai Award, not managed by the sports ministry, lacks the national prominence and financial award comparable to the Khel Ratna.
Section 4: Conclusion
Therefore, the appropriate selection is (A) Major Dhyan Chand Khel Ratna Award, due to its ₹25 lakh prize money.