Nobel Prizes

                                                        Nobel Prizes

Nobel prizes are given every year to persons who have made excellent contribution in the field of physics, chemistry,and physiology or medicine, also to persons who have crated the most outstanding literary work and who have made great contribution towards world peace. The Nobel Prize for economic sciences was started in 1969. Other Nobel Prizes were established in 1901.

The name in whose name the Nobel prizes were established was Alfred Bern hard Nobel, a Swedish chemist. he was born in Stockholm on 21 October 1833. His father Emmanuel Nobel was a scientist. Alfred Nobel had his education at St. petersberg in Russia and in Stockholm. he contributed his whole life to the field of Science. The discovery of dynamite enabled Nobel to become rich and get fame as days passed.

Alfred Nobel died on 10 December 1896  at the age of 63. He left behind a fabulous sum of $9.2 million as a foundation for the Nobel Prizes. The amount of each prize varies according to the interest from the fund.

Each Nobel Prize consists of a citation, a gold medal and about one million dollars. The prize may be shared by two or three and if no prize is given, the money is returned to the foundation. The selection of winners is done by distinguished persons of integrity and scholarship. The prizes are awarded every year on December, the anniversary of Nobel's death.