Question

How many categories Nobel Prize Awards are awarded each year?
1. 5
2. 7
3. 4
4. 6

Answer 1

Correct Answer - Option 4 : 6

The correct answer is 6.

• Nobel Prize Awards were started on December 10, 1901, in the honor of Alfred Nobel.
• Alfred Nobel has made provision for only five prizes under five categories through his will.
• The Economics prize was added later in his memory. 

• Total six prizes are awarded as Nobel prizes every year.

Nobel Prizes	Field
Nobel Prize in Physics	Awarded by the Royal Swedish Academy of Sciences
Nobel Prize in Chemistry	Awarded by the Royal Swedish Academy of Sciences
Nobel Prize in Physiology or Medicine	Awarded by the Karolinska Institute
Nobel Prize in Literature	Awarded by the Swedish Academy
Nobel Prize in Peace	Awarded by the Norwegian Nobel Committee
Nobel Memorial Prize in Economics	Awarded by the Sveriges Riksbank, Bank of Sweden