How Nobel Prize Is Awarded

At the beginning of October, the Nobel Committee chooses the Nobel Peace Prize laureates through a majority vote. The decision is final and without appeal. The names of the Nobel Peace Prize laureates are then announced. December – Nobel Prize laureates receive their prize.

What is the criteria for awarding Nobel Prize?

Since March 1901, it has been awarded annually (with some exceptions) to those who have “done the most or the best work for fraternity between nations, for the abolition or reduction of standing armies and for the holding and promotion of peace congresses”.

What are the 6 Nobel Prize categories?

They are widely regarded as the most prestigious awards given for intellectual achievement in the world and are conferred in six categories: physics, chemistry, physiology or medicine, literature, peace, and economics. The table provides a chronological list of Nobel Prize winners.