GK
HONOURS AND AWARDS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Nobel prize for Economics was instituted in 1967, but was first awarded in
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1978
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1948
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1954
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1969
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Explanation:
Detailed explanation-1: -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. The first prize in economic sciences was awarded to Ragnar Frisch and Jan Tinbergen in 1969.
Detailed explanation-2: -First award The first Nobel Prizes were awarded in 1901. The Peace Prize for that year was shared between the Frenchman Frédéric Passy and the Swiss Jean Henry Dunant.
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