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Which of the following statements are correct with respect to the Nobel Prize in Economics?
1. It was awarded to David Card in 2021 for his empirical contributions to labour economics.
2. It is also known as The Sveriges Riksbank Prize in Economic Sciences.
3. 3 Indians have won the Nobel Prize in Economics.
Only 1
Only 2
Only 3
Only 1 & 2
All 1, 2 and 3
- Statement 1: Correct. David Card was awarded the Nobel Prize in Economics in 2021 for his empirical contributions to labor economics.
- Statement 2: Correct. The Nobel Prize in Economics is officially called The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
- Statement 3: Incorrect. As of 2023, only two Indian-origin economists have won: Amartya Sen in 1998 and Abhijit Banerjee (though he identifies as both American and Indian) in 2019.
Option 1 is correct.
Option 2 is correct.
Option 3 is incorrect.
Option 4 is correct as it includes only statements 1 & 2.
The correct answer is: Option 4 - Only 1 & 2.
.
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