GENERAL KNOWLEDGE

Detailed explanation-1: -In October 2012, Roth was the co-recipient of the 2012 Nobel Memorial Prize in Economic Sciences, together with Lloyd S. Shapley, The Royal Swedish Academy of Sciences stated that it awarded the Nobel Memorial Prize jointly to Roth and Shapley “for the theory of stable allocations and the practice of market design."

Detailed explanation-2: -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-3: -The first prize in economics was awarded in 1969 to Ragnar Frisch and Jan Tinbergen “for having developed and applied dynamic models for the analysis of economic processes". Two women have received the prize: Elinor Ostrom, who won in 2009, and Esther Duflo, who won in 2019.

Detailed explanation-4: -Amartya Kumar Sen (Bengali: [ˈɔmortːo ˈʃen]; ; born 3 November 1933) is an Indian economist and philosopher, who since 1972 has taught and worked in the United Kingdom and the United States.