European Journal of Biomedical and Pharmaceutical Sciences

NOBEL PRIZE IS ENCOURAGEMENT OF PERSONS FOR THEIR INTERESTS OF HUMANITY

Shruti Rai and Prof. Dr. Dhrubo Jyoti Sen*

ABSTRACT

The Nobel Prizes (Swedish: Nobelpriset, Norwegian: Nobelprisen) are prizes awarded annually by the Royal Swedish Academy of Sciences, the Swedish Academy, the Karolinska Institutet, and the Norwegian Nobel Committee to individuals and organizations who make outstanding contributions in the fields of chemistry, physics, literature, peace, and physiology or medicine. They were established by the 1895 will of Alfred Nobel, which dictates that the awards should be administered by the Nobel Foundation. The Nobel Memorial Prize in Economic Sciences was established in 1968 by the Sveriges Riksbank, the central bank of Sweden, for contributions to the field of economics. Each recipient, or "laureate", receives a gold medal, a diploma, and a sum of money, which is decided by the Nobel Foundation, yearly.

Keywords: Alfred Nobel, Nobel Award, Nobel Lecture, Nobel Citation, Nobel Banquet, Swedish Krona.