I. Answer the questions. 1. When did the first award ceremony take place? 1) in 1895 2) in 1901 3) in 1962 4) in 1968

The correct answer is 1) in 1901. The text states: "Nobel preferred not to be remembered as the inventor of dynamite, so in 1895, just two weeks before his death, he created a fund to be used for awarding prizes... Economics was added in 1968, just sixty-seven years after the first awards ceremony."