Nobel Prize season : 9 facts to know 

Here are the top 9 facts to know about the prestigious awards

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The Nobel prizes were established by the will of a wealthy Swedish industrialist and the inventor of dynamite Alfred Nobel.

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The first awards were handed out in the year 1901, five years after Nobel's death.

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Nobel prize is worth 10 million kronor (approx $900,000) and is handed out with a diploma and gold medal on Dec. 10

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-- Dec 10 is the date of Alfred Nobel's death in 1896.

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The prizes in medicine, physics, chemistry, literature and peace were established by the will of Alfred Nobel.

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Officially known as the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel - it was created later by Sweden's central bank in 1968.

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In the period from 1901 to 2021, the Nobel Prizes and the prize in economic sciences have been awarded 609 times.

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Thousands of people around the world like university professors, lawmakers,

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previous Nobel laureates and the committee members themselves are eligible to submit nominations for the Nobel Prizes.

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Here are the top 9 facts to know about the prestigious awards