Which of the following is are correct regarding the 39 Saraswati Sammaan 39 1 It is a...........

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Which of the following is/are correct regarding the 'Saraswati Sammaan'?

1) It is an annual award.

2) Award is instituted by Lalit Kala Academy along with KK Birla Foundation.

3) Saraswati Sammaan for 2014 has been conferred on Dr. M Veerappa Moily.

Select the correct answer using the codes given below

1, 2 and 3

2 and 3

1 and 2

1 and 3

Explanation:

Second statement is incorrect i.e. Saraswati Sammaan is instituted by Lalit Kala Academy along with KK Birla Foundation.
The Saraswati Samman is an annual award for outstanding prose or poetry literary works in any 22 Indian language listed in Schedule VIII of the Constitution of India. It is named after an Indian goddess of learning and is considered to be among the highest literary awards in India.
The Saraswati Samman was instituted in 1991 by the K. K. Birla Foundation.