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The Indian National Mathematical Olympiad was started by NBHM in 1986 and is currently run in collaboration with the Homi Bhabha Centre for Science Education, Mumbai. The prime reason for this activity is to support mathematical talent among high school students in the country. They select and train students for participation in the International Mathematical Olympiad every year.

The Indian National Mathematical Olympiad leading to participation in the International Mathematical Olympiad consists of the following stages:

Stage 1: Regional Mathematical Olympiad (RMO) is held in each region between September and the first Sunday of December each year. All high school students up to class XII are eligible to appear for RMO. RMO is a 3-hour written test containing about 6 to 7 problems. Based on the performance in RMO, a certain number of students from each region are selected to appear for the second stage. Regional coordinators charge nominal fees to meet the expenses for organizing the contests.

Stage 2: Indian National Mathematical Olympiad (INMO) is held on the first Sunday of February each year at various Centers in different regions. Only students selected based on RMO from different regions are eligible to appear for INMO. INMO is a 4-hour written test. The question paper is set centrally and is common throughout the country. The top 30-35 performers in INMO receive a certificate of merit.

Stage 3: International Mathematical Olympiad Training Camp (IMOTC). The Indian National Mathematical Olympiad (INMO) certificate awardees are invited to a month-long training camp (junior batch) conducted in May-June, each year.

Stage 4: International Mathematical Olympiad (IMO) - The team selected at the end of the camp, a "leader" and a "deputy leader," represent India at the IMO that is normally held in July in a different member country of IMO each year. The leader and deputy leader are chosen by NBHM from among mathematics teachers/researchers involved in the Mathematics Olympiad activity. IMO consists of two written tests held on two days with a gap of at least one day. Each test is of four-and-a-half-hours duration.

India has been participating in IMO since 1989. Students of the Indian Team who receive gold, silver, and bronze medals at IMO receive a cash prize of Rs. 5,000/-, Rs. 4,000/- and Rs. 3,000/- respectively, from NBHM during the following year at a formal ceremony at the end of the training camp.

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