Current Affairs Exam > Current Affairs Questions > In 1901, Nobel Prize was not given fora)Chemi...
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In 1901, Nobel Prize was not given for
- a)Chemistry
- b)Physics
- c)Economics
- d)Peace
Correct answer is option 'C'. Can you explain this answer?
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In 1901, Nobel Prize was not given fora)Chemistryb)Physicsc)Economicsd...
Nobel prize for economics started in 1969 and an Indian who received Nobel prize for economics is AMARTHYA KUMAR SEN
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In 1901, Nobel Prize was not given fora)Chemistryb)Physicsc)Economicsd...
In 1901, the Nobel Prize was not awarded in the field of Economics. The Nobel Prizes were established by the will of Alfred Nobel, a Swedish inventor, engineer, and industrialist, who left his fortune to fund annual prizes in various fields. The prizes were to be awarded in the fields of Physics, Chemistry, Physiology or Medicine, Literature, and Peace.
Explanation:
The Nobel Prize in Economics, officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, was not included in the original set of awards established by Alfred Nobel. Unlike the other Nobel Prizes, which were established in 1895, the Nobel Prize in Economics was added later.
The Nobel Prize in Economics was first awarded in 1969, almost 70 years after the establishment of the other Nobel Prizes. It was created by the Swedish central bank, Sveriges Riksbank, in commemoration of the bank's 300th anniversary. The prize was intended to recognize outstanding contributions to the field of economics.
Significance:
The addition of the Nobel Prize in Economics was a significant development as it recognized the importance of economics as a scientific discipline. It also brought the total number of Nobel Prizes to six.
Importance of the Nobel Prize:
The Nobel Prize is considered one of the highest honors in various fields and is awarded annually to individuals or organizations that have made exceptional contributions in their respective fields. The prizes aim to recognize significant advancements, discoveries, and contributions that have had a profound impact on humanity.
Conclusion:
In summary, the Nobel Prize in Economics was not awarded in 1901 because it was not part of the original set of awards established by Alfred Nobel. It was added later in 1969 to recognize outstanding contributions in the field of economics. The Nobel Prize in Economics is now considered one of the most prestigious awards in the field of economics.
Explanation:
The Nobel Prize in Economics, officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, was not included in the original set of awards established by Alfred Nobel. Unlike the other Nobel Prizes, which were established in 1895, the Nobel Prize in Economics was added later.
The Nobel Prize in Economics was first awarded in 1969, almost 70 years after the establishment of the other Nobel Prizes. It was created by the Swedish central bank, Sveriges Riksbank, in commemoration of the bank's 300th anniversary. The prize was intended to recognize outstanding contributions to the field of economics.
Significance:
The addition of the Nobel Prize in Economics was a significant development as it recognized the importance of economics as a scientific discipline. It also brought the total number of Nobel Prizes to six.
Importance of the Nobel Prize:
The Nobel Prize is considered one of the highest honors in various fields and is awarded annually to individuals or organizations that have made exceptional contributions in their respective fields. The prizes aim to recognize significant advancements, discoveries, and contributions that have had a profound impact on humanity.
Conclusion:
In summary, the Nobel Prize in Economics was not awarded in 1901 because it was not part of the original set of awards established by Alfred Nobel. It was added later in 1969 to recognize outstanding contributions in the field of economics. The Nobel Prize in Economics is now considered one of the most prestigious awards in the field of economics.
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In 1901, Nobel Prize was not given fora)Chemistryb)Physicsc)Economicsd)PeaceCorrect answer is option 'C'. Can you explain this answer?
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