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Jnanpith Award was instituted in 1961. The newspaper group behind the award is 
1. The Indian Express
2. The Times of India
3. Hindustan Times
4. The Hindu 

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Correct Answer - Option 2 : The Times of India

The correct answer is The Times of India.

  • The Times of India is published by Bennet, Coleman & Co. Ltd. also known as The Times Group.
  • It was established in the year 1838 as 'The Bombay Times and Journal of Commerce' which later became 'The Times of India'. 
  • Bhartiya Jnanpith, a cultural organisation has instituted the prestigious Jnanpith Award in 1961.
  • It was founded by the former chairman of The Times Group, Late Sahu Shanti Prasad Jain, in 1944.
    • It also confers:
      • ​Moortidevi Award( instituted in 1982),
      • Jnangarima Manad Alankaran &
      • Navlekhan Award.

  • Jnanpith AwardHighest literary award in India,
    • Instituted in 1961, the first award was given in 1965.
    • Given annually for best creative literary writing, to writers in any of 22 Indian languages recognised by the Constitution of India
      • Schedule- 8th, Article- 343 to 351 of Part- XVII.
    • Comprises of a citation, a bronze replica of Saraswati( Vagdevi), 11 lakh rupees cash.
    • Conferred only to Indian citizens, also no posthumous conferral,
    • Until 1982, it was given only for specific work, thereafter for writer's overall contribution in literature,
    • After the 49th Award in 2013, the English language literature was considered eligible,
    • 1st recipient: G. Sankar Kurup, Malayalam poet, for Odarkkuzhal, in 1965,
    • 1st woman recipient: Ashapoorna Devi, Bengali writer, in 1976,
    • 54th Award, 2018: Amitav Ghosh( 1st English language winner),
    • 55th Award, 2019: Akkitham Achuthan Namboothiri, Malayalam( died recently in 10/2020).

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