GENERAL KNOWLEDGE

Detailed explanation-1: -On May 16, 1929, the Academy of Motion Picture Arts and Sciences hands out its first awards, at a dinner party for around 250 people held in the Blossom Room of the Roosevelt Hotel in Hollywood, California.

Detailed explanation-2: -The Academy of Motion Picture Arts and Sciences announces the winners of the first Academy Awards on February 18, 1929.

Detailed explanation-3: -Founded by Louis B Mayer, head of MGM studios, in 1927, the Academy of Motion Picture Arts and Sciences was intended as a non-profit organisation with the goal of advancing the film industry. The first Academy Award Ceremony took place two years later at The Hollywood Roosevelt Hotel, on 16 May 1929.