The Nobel Committee is responsible for selecting the laureates of the Nobel Prizes, which are awarded annually in various fields such as Peace, Literature, Physics, Chemistry, Medicine, and Economic Sciences. Established by the will of Alfred Nobel, the committee plays a crucial role in recognizing outstanding contributions to humanity. Composed of experts in their respective fields, the committee evaluates nominations and deliberates on the recipients. The awards are presented in a ceremony held in Stockholm for most categories, while the Nobel Peace Prize is awarded in Oslo, Norway, highlighting the global significance of these prestigious honors.