The Sahitya Akademi Award is presented along with a cash prize of _____ as of recent years.
- ₹50,000
- ₹1,00,000
- ₹2,00,000
- ₹5,00,000
Answer: ₹1,00,000
The Sahitya Akademi Award carries a cash prize of ₹1,00,000 (one lakh rupees), along with a casket containing an engraved copper plaque and a shawl, recognizing literary excellence in Indian languages.