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Nobel Prize

Nobel Prize is one of the most prestigious award in the world. This award was set up in 1900 under the will of Alfred Bernard Noble. The interest accrued on the fortune left by him is divided annually among those who, in the opinion of the judges, have contributed the most in the fields of physics, chemistry, physiology or medicine, literature, peace and economics. The first prizes were awarded in 1901. The nobel prize for economics was established by the Swedish National Bank in 1968 and awarded for the first time in 1969.
Any one proposing himself for the Nobel Prize is ruled out of consideration. The recommendations have to come from outside. The Nobel Prizes are presented annually on December 10, the death anniversary of the founder and the festival day of the foundation.

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