Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

Which of the following organisations awards the Nobel Memorial Prize in Economic Sciences?

Options:

Swedish Academy

Karolinska Institute

Norwegian Nobel Committee

The Royal Swedish Academy of Sciences

Correct Answer:

The Royal Swedish Academy of Sciences

Explanation:

The correct answer is Option (4) → The Royal Swedish Academy of Sciences

The Nobel Memorial Prize in Economic Sciences is awarded by the Royal Swedish Academy of Sciences. It's important to note that while funded by Sveriges Riksbank (Sweden's central bank), the administration of the prize is handled by the Royal Swedish Academy of Sciences, following the same principles as the original Nobel Prizes.