Nobel Prize : 10 Quick Facts you Must Know!!

Nobel Prize - 10 Quick facts you should not be missing out Story by - Dodo Date - 04-Oct-2023

The Nobel Prizes consist of five separate awards established by Alfred Nobel's will in 1895

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They are awarded to individuals and organizations that have made significant contributions to benefit humanity

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The Nobel Prizes are given in the fields of Physics, Chemistry, Physiology or Medicine, Literature, and Peace.

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In 1968, the Prize in Economic Sciences in Memory of Alfred Nobel was established, funded by Sveriges Riksbank, and is also administered by the Nobel Foundation.

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Nobel laureates receive a prestigious green gold medal plated with 24 karat gold, a diploma, as well as a monetary award

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In 2021, the monetary award for Nobel Prizes was 10,000,000 Swedish Kronor (SEK), and in 2023, it is set to increase to 11,000,000 SEK.

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A Nobel Prize may not be shared among more than three individuals, except for the Nobel Peace Prize, which can be awarded to organizations with more than three members.

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Nobel Prizes are generally not awarded posthumously, but if a recipient passes away before receiving the prize, it is presented posthumously

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the Red Cross (awarded in 1917, 1944, and 1963) and the United Nations High Commissioner for Refugees (awarded in 1954 and 1981), have been honored with multiple Nobel Peace Prizes

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The Curie Family holds the record for the most Nobel Prizes, with four prizes awarded to five individual laureates

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