CURRENT AFFAIRS

Detailed explanation-1: -UPSC Mains. Q. Which Indian economist has been conferred with Spain’s top Princess of Asturias Award? Notes: Indian economist and Nobel Laureate Amartya Sen has been conferred with Spain’s top Princess of Asturias Award in the social sciences category.

Detailed explanation-2: -Indian economist and Nobel Laureate, Amartya Kumar Sen, was conferred with “Princess of Asturias Award” in social sciences category which is Spain’s top prize.

Detailed explanation-3: -Watch a video clip of the 1998 Economics Laureate, Amartya Sen, receiving his Prize medal and diploma during the Nobel Prize Award Ceremony at the Concert Hall in Stockholm, Sweden, on 10 December 1998.

Detailed explanation-4: -Amartya Sen is famous for his significant contributions to welfare economics (for which he was awarded the 1998 Nobel Prize in economics), including his development of more sophisticated measures of poverty, and for his work on the causes and prevention of famines.

Detailed explanation-5: -Prince or Princess of Asturias Award for Communication and Humanities. First awarded in 1981 it is aimed at recognizing the work of fostering and advancing the sciences and disciplines considered humanistic activities or any activity related to social communication in any of its forms.