How much award money is given to the awardee of Vir Chakra?

Rs. 2 Crore
Rs. 1 Crore
Rs. 50 Lakh
Rs. 21 Lakh

The correct answer is: C. Rs. 50 Lakh

The Vir Chakra is the third-highest military decoration in India, awarded for conspicuous gallantry in the face of the enemy. The award was instituted on 26 January 1950, and is awarded to officers and men of the Indian Armed Forces, as well as to civilians who have performed acts of gallantry in the face of the enemy.

The award consists of a circular silver medal, with a diameter of 35 mm. The obverse of the medal bears the effigy of the reigning monarch, and the reverse bears the inscription “Vir Chakra” in Hindi and English. The medal is suspended from a 32 mm-wide ribbon of light blue with a central stripe of orange.

The awardee of the Vir Chakra is entitled to a cash award of Rs. 50 lakh. The awardee is also entitled to a number of other benefits, including a pension, a house, and a medical allowance.

The Vir Chakra is a prestigious award, and is highly coveted by members of the Indian Armed Forces. The award is a testament to the courage and sacrifice of the awardees, and is a reminder of the debt that India owes to them.

The other options are incorrect because they are not the amount of award money given to the awardee of Vir Chakra.