The Nobel Memorial Prize in Economic Sciences was established and endowed by Sweden's central bank Sveriges Riksbank, in 1968 on the occasion of the bank's 300th anniversary, in memory of Alfred Nobel.

Correct Option: B

The Nobel Memorial Prize in Economic Sciences was established and endowed by Sweden's central bank Sveriges Riksbank, in 1968 on the occasion of the bank's 300th anniversary, in memory of Alfred Nobel.

M. S. Subbulakshmi was a renowned Carnatic vocalist. She was the first musician ever to be awarded the Bharat Ratna, India's highest civilian honor, in 1998. She is the first Indian musician to receive the Ramon Magsaysay award, often considered Asia's Nobel Prize in 1974.

Correct Option: B

M. S. Subbulakshmi was a renowned Carnatic vocalist. She was the first musician ever to be awarded the Bharat Ratna, India's highest civilian honor, in 1998. She is the first Indian musician to receive the Ramon Magsaysay award, often considered Asia's Nobel Prize in 1974.

The actual award is designed in the shape of a peepul leaf and carries with the words "Bharat Ratna", inscribed in Devanagari script. The reverse side of the medal carries the state emblem and motto.

Correct Option: B

The actual award is designed in the shape of a peepul leaf and carries with the words "Bharat Ratna", inscribed in Devanagari script. The reverse side of the medal carries the state emblem and motto.

Independence activist and the fourth Prime Minister of India, Morarji Desai won the Bharat Ratna in 1991; Gulzarilal Nanda (Independence activist and interim Prime Minister) in 1997; and Rajiv Gandhi (Sixth Prime Minister) was posthumously awarded the Bharat Ratna in 1991.

Correct Option: D

Independence activist and the fourth Prime Minister of India, Morarji Desai won the Bharat Ratna in 1991; Gulzarilal Nanda (Independence activist and interim Prime Minister) in 1997; and Rajiv Gandhi (Sixth Prime Minister) was posthumously awarded the Bharat Ratna in 1991.

The Nobel Prize is a set of annual international awards bestowed in a number of categories by Scandinavian committees in recognition of cultural and/or scientific advances. The will of the Swedish philanthropist inventor Alfred Nobel established the prizes in 1895. The Royal Swedish Academy of Sciences awards the Nobel Prize in Physics, the Nobel Prize in Chemistry, and the Nobel Memorial Prize in Economic Sciences; the Nobel Assembly at Karolinska Institutet awards the Nobel Prize in Physiology or Medicine; the Swedish Academy grants the Nobel Prize in Literature; and the Nobel Peace Prize is not awarded by a Swedish organization but by the Norwegian Nobel Committee.

Correct Option: D

The Nobel Prize is a set of annual international awards bestowed in a number of categories by Scandinavian committees in recognition of cultural and/or scientific advances. The will of the Swedish philanthropist inventor Alfred Nobel established the prizes in 1895. The Royal Swedish Academy of Sciences awards the Nobel Prize in Physics, the Nobel Prize in Chemistry, and the Nobel Memorial Prize in Economic Sciences; the Nobel Assembly at Karolinska Institutet awards the Nobel Prize in Physiology or Medicine; the Swedish Academy grants the Nobel Prize in Literature; and the Nobel Peace Prize is not awarded by a Swedish organization but by the Norwegian Nobel Committee.