Asha Bhosle. Pic/PTI

Veteran playback singer Asha Bhosle was conferred the coveted "5th Yash Chopra Memorial National Award" at a function held here late on Friday. Maharashtra Governor C.V. Rao gave away the award to Bhosle, which has been instituted in the memory of legendary producer-director Yash Raj Chopra who passed away in October 2012. The award -- carrying a cash prize of Rs 10 lakh and a gold bracelet -- has been instituted by philanthropist and MP T. Subbarami Reddy, in association with Anu Ranjan, President of Indian Television Academy, and Shashi Ranjan, Chairman and Managing Director, ITA School of Performing Arts.