BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is another name for Bank of Sweden Prize?
A
Noble Prize for Literature
B
Noble Prize for Peace
C
Man Booker Prize
D
None of these
Explanation: 

Detailed explanation-1: -In 1968, Sveriges Riksbank (Sweden’s central bank) established the Prize in Economic Sciences in Memory of Alfred Nobel, founder of the Nobel Prize. The prize is based on a donation received by the Nobel Foundation in 1968 from Sveriges Riksbank on the occasion of the bank’s 300th anniversary.

Detailed explanation-2: -The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel has been awarded 54 times to 92 laureates between 1969 and 2022.

Detailed explanation-3: -As stipulated in the will of the Swedish-born inventor and international industrialist Alfred Nobel, which was opened after his death in 1896, the Nobel Prizes in physics, chemistry, physiology or medicine and literature are awarded in Stockholm, Sweden, while the Nobel Peace Prize is awarded in Oslo, Norway.

Detailed explanation-4: -The Nobel Memorial Prize in Economic Sciences is a prestigious award acknowledging outstanding contributions to the field of economics. It is commonly called the Nobel Prize in Economics.

There is 1 question to complete.