Explanation

The Olympic Games are an international sports festival, held every four years.

The Olympic motto "Faster, Higher, Stronger" was proposed in 1894 and has been official since 1924.

**ADDITIONAL INFO***

This statement is correct. The Olympic motto "Faster, Higher, Stronger" is the Latin phrase "Citius, Altius, Fortius", which was proposed by Pierre de Coubertin in 1894 and officially adopted in 1924