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GK QUESTION#1483

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

  1. ANorwegian Nobel Committee
  2. BKarolinska Institute
  3. CThe Royal Swedish Academy SciencesCorrect answer
  4. DSwedish Academy
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Answer

C. The Royal Swedish Academy Sciences

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Explanation

The Royal Swedish Academy Sciences. It was first awarded in 1969 to Dutch economist Jan Tinbergen and Norwegian economist Ragnar Frisch "for having developed and applied dynamic models for the analysis of economic processes.

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