awards medium True/False

The Nobel Prize in Economic Sciences is funded by the Nobel Foundation like other Nobel Prizes.

  1. True
  2. False

Answer: False

The Nobel Memorial Prize in Economic Sciences was established in 1968 by Sweden's central bank (Sveriges Riksbank) and is funded separately from Alfred Nobel's original endowment, though it is awarded alongside the other Nobel Prizes.

Topic Nobel Prize
Exam Relevance UPSC, Banking, SSC