Which of the following statements with regard to Bharat Ratna Award is/are <strong>correct</strong>?<br>1. It was instituted in the year 1972.<br>2. The award does not carry any monetary grant.<br>Select the correct answer using the code given below.
- A. 1 only
- B. 2 only ✓
- C. Both 1 and 2
- D. Neither 1 nor 2
Correct Answer: B. 2 only
Explanation
The Bharat Ratna, India's highest civilian award, was instituted in 1954, making statement 1 incorrect. The award includes a medallion and a certificate but does not carry any monetary grant.
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