awards medium Fill in the Blank

The Nobel Prize award amount is funded by the interest on Alfred Nobel's fortune invested in _____ securities.

  1. government
  2. corporate
  3. safe
  4. international

Answer: safe

According to Alfred Nobel's will, his fortune was to be invested in 'safe securities', and the interest generated from these investments funds the Nobel Prizes. The Nobel Foundation manages these investments prudently to ensure sustainability.

Topic Nobel Prize
Exam Relevance UPSC, SSC, Banking
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