The Punjab State Sports council raise funds from which of the following sources? 1. Sports Development fund collected from the schools and colleges. 2. Collection from tournaments and exhibition matches. 3. Donations 4. Contribution from local bodies and educational institutions. Select the correct answer

Answer: Option D

All funding for provision of infrastructure, equipment and for providing grants to various bodies for organisation of competition is done through Punjab State Sports Council which is collected from schools and colleges. It also provides pensions to eminent sport personnel. Funds are also collected from tournaments, exhibition, matches, donations, contributions of local bodies, etc.