(a) One prize is awarded in each field. (b) The prize is instituted by a man who was the inventor of the science of destruction. (c) Nobel Prize is the world’s most important prize. (d) He is Alfred Bernard Nobel. (e) Though he was a citizen of Sweden, he was educated in Russia. (f) Nobel Prizes are awarded every one for outstanding achievements in the field of science, literature and for promoting world’s peace. (g) The prize is given to persons with most outstanding contribution. (h) If there are more than one recipient of the prize in one field, the prize money is equally distributed amongst all the winners. (i) Economics was added in the list in 1969 for the first time. (j) He was born in Stockholm on 21st October 1833 and he died on 10th December 1896.