Two professors from Harvard and MIT have been awarded the Nobel Prize in economics for contributions to?

Financial and real estate markets

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Private prisons

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Contract theory

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Essential to the functioning

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Research sheds light

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Solution

The correct option is C Contract theory
Two professors from Harvard and MIT have been awarded the Nobel Prize in economics for contributions to Contract Theory.

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Q20. With reference to Nobel Prize, which of the following statements is/are correct?

1. British author Kazuo Ishiguro has been awarded Nobel Prize in Literature for the year 2017.

2. No Indian has been awarded Nobel Prize in Literature.

Which of the above statement(s) is/are correct?

1954

1962

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