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Historical Event on 5/22/1961
Jnanpeeth Award was instituted and the first award was given in 1965. This award is given for the best creative literary writing by any Indian citizen in any of the languages included in the VIII Schedule of the Indian Constitution. The award carries a cash price of Rs 2.5 lakh, a citation and a bronze momento.

Other Historical Dates and Events
1/20/1817	Ram Mohun Roy started Hindu College in Calcutta with the help of Justice H. East David Hare. This college was later renamed as the Presidency College.
10/22/1796	Sawai Madhav Rao Peshwa II committed suicide by jumping from the terrace.
4/15/1992	Union Carbide decides to sell its holdings in India to raise upto $ 17 million for a hospital in Bhopal.
3/9/1897	Fans start calling the team 'Indians' (in 1915 it became official).
9/21/1992	Tarachand Barjatya, film producer, passed away.
4/1/1935	The Reserve Bank of India was established as a Central Bank and the job of issuing notes was entrusted to this bank. The Commissioner's office which issued currency was abolished and was substituted by the Governer of the RBI. The issue offices scattered around the country came to be called as the regional offices of the Reserve Bank.
3/5/1851	Geological Survey of India was established in Calcutta.
3/16/1997	The first batch of three Russian-made Sukhoi-30 combat aircraft reaches India.
2/18/1911	World' s first official airmail flight service with 6,500 letters and post cards was made between Bamrauli to Naini (Allahabad) on February 18, 1911.
7/23/1856	Lokmanya Bal Gangadhar Tilak was born on July 23rd, 1856

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