Nobel Prize: What does the historical past of Nobel Prize inform? Know when the format of the award is introduced

Nobel Prize : Nobel prize (nobel prize) is taken into account essentially the most prestigious award on this planet. This yr’s awards have been introduced from Monday.  Scientists, writers, economics consultants from everywhere in the world are chosen for this award. On Monday, the Nobel Prize has been introduced for individuals who contributed to the sphere of medication. The Nobel Prize in Physics shall be introduced right now. 

Yearly when the month of October comes, the Nobel Prize is introduced. Six awards are given on this award ceremony which lasts for six days. The Nobel Prizes for Chemistry shall be introduced on Wednesday (October 5) and Literature on Thursday (October 6). If the Nobel Peace Prize is to be introduced on Friday (October 7). The Nobel Prize in Economics shall be awarded on Monday (October 10).

Historical past of the Nobel Prize

The Nobel Prize is awarded by the Nobel Basis. These awards are given in reminiscence of Swedish scientist Alfred Nobel. Alfred Nobel donated a big portion of his fortune to a belief earlier than his demise. He needed that the curiosity of this cash ought to be honored yearly to those that have made important contributions in varied fields. Alfred Nobel’s wealth is deposited in a Swedish financial institution. Nobel Prizes are awarded yearly from the curiosity of this wealth. The primary Nobel Peace Prize was awarded in 1901.

What’s the nature of the award?

Nobel Prize winners obtain  one crore kronor (approx.) with a gold medal and a certificates. 9 lakh {dollars}) quantity is given.  The award is distributed on tenth December yearly. Alfred Nobel died on December 10, 1896. Between 1901 and 2021, 609 folks have been awarded the Nobel Prize.  

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Who can apply for the Nobel Prize?

Hundreds of individuals from everywhere in the world apply for the Nobel Prize. These embrace professors, Nobel committee members, former Nobel laureates. In the meantime, the applying data for the prize is stored secret for as much as 50 years. 

What’s the reference to Norway?

Nobel Peace Prize Oslo, Norway  is given right here. Whereas awards in different fields are given in Sweden. This was the want of Alfred Nobel.  No particular cause for doing so has been revealed. 

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