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				   Hey plz tell me some brief summery about the Nobel Prize..When it was started.The prize money of Nobel prizes. I need it for writing article on it.
				   

7 years ago

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The Nobel Prize is the first international award given yearly since 1901 for achievements in physics, chemistry, medicine, literature and peace. The prize consists of a medal, a personal diploma, and a prize amount.

In 1968, the Sveriges Riksbank (Bank of Sweden) instituted the Prize in Economic Sciences in memory of Alfred Nobel, founder of the Nobel Prize.

In the beginning, more than three prize winners could share a Nobel Prize, although this was never practiced. Paragraph four of the Statutes of the Nobel Foundation was amended in 1968, restricting the number of prizewinners to only three.

Previously, a person could be awarded a prize posthumously if the nomination was made before February 1 of the same year. Since 1974, the Prize may only go to a deceased person who has been named as prize winner for the year (usually in October) but who dies before the Prize Awarding Ceremony on December 10.


Year           Amount

1901           150,782

1902           141,847

1903           141,358

1904           140,859

1995           7,200,000

1996           7,400,000

1997           7,500,000

1998           7,600,000

1999           7,900,000

2000           9,000,000

2001           10,000,000

7 years ago

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