The Nobel Prize is a set of prestigious international awards given annually in several categories, including Peace, Literature, Physics, Chemistry, and Medicine. Established by the will of Alfred Nobel, a Swedish inventor and philanthropist, the prizes recognize outstanding contributions to humanity in these fields. The first awards were presented in 1901. Each Nobel Prize consists of a medal, a diploma, and a monetary award. The selection process involves various committees and organizations, depending on the category, and the winners, known as Nobel Laureates, are celebrated for their significant achievements that have advanced knowledge, culture, or peace.