Recently Yohei Sasakawa is named to receive Gandhi Peace Prize for 2018 Which of the following state...........

Recently, Yohei Sasakawa is named to receive Gandhi Peace Prize for 2018. Which of the following statements are correct regarding this prize?

1. The award was instituted by the Government of India in 1995 during the commemoration of 125th Birth anniversary of Mahatma Gandhi

2. The title winners would receive a cash prize of Rs.1 crore

Code

1 only

2 only

Both 1 and 2

None

The award was instituted by the Government of India in 1995 during the commemoration of 125th Birth anniversary of Mahatma Gandhi.The title winners would receive a cash prize of Rs.1 crore. The Indian government had instituted the award in 1995 to honour individuals and institutions for their contribution towards social, economic and political transformation through non-violence and other Gandhian methods.