Question

When did the Nobel Prize in the Economic Sciences launched?

• A. $1901$
• B. $1942$
• C. $1968$
• D. $1975$

Answer 1

The correct option is C $1968$

Sveriges Riksbank’s Prize also known as The Nobel Memorial Prize in Economic Sciences was established in connection with the Riksbank’s 300th anniversary in 1968. The prize is awarded every year to a person or persons in the field of economic sciences who have produced work of outstanding importance. The Royal Swedish Academy of Sciences appoints the prize-winners according to the same principles as for the Nobel Prizes. The prize amount is also the same as for the Nobel Prizes.