BBA 5th SEMESTER, UNIT III, GENERAL BUSINESS AWARENESS

Awards and Honours

Nobel Prize

Nobel Prize is given every year to those eminent persons who have made pioneering
achievements in the fields, like, Physics, Chemistry, Medicine, Peace, Literature and Economics.
Apart from Economics, all other categories have been given since 1901. Economics Nobel Prize
was instituted in 1967 and was first given in 1969.

• It is the most coveted international award in the world.

• Instituted by Alfred Bernard Nobel (inventor of dynamite).
• The award is given on December 10 (the death anniversary of Alfred Bernard Nobel).

Nobel Laureates of India Field Year

Rabindranath Tagore Literature 1913

C.V. Raman Physics 1930

Mother Teresa Peace 1979

Amartya Sen Economic Studies 1998

Kailash Satyarthi Peace 2014

Magsaysay Awards

• Instituted in 1957 and named after Ramon Magsaysay, the former President of the
Philippines.
• This award is given annually on August 31
• Award is given for outstanding contributions to public service, community leadership,
journalism, literature and creative arts, and international understanding.
• Regarded as the Nobel Prize of Asia.

Jawaharlal Nehru Award for International Understanding

• Instituted in 1965 by the Government of India.

• Given annually to persons for outstanding contributions to international understanding
and goodwill among the people of the world.

RAJAT TAYAL 1
ASSISTANT PROFESSOR
 BBA 5th SEMESTER, UNIT III, GENERAL BUSINESS AWARENESS

Oscar Awards

• Instituted in 1929
• Conferred annually by the Academy of Motion Pictures in the USA.
• The first Indian to get an Oscar was Bhanu Athaiya for the movie 'Gandhi'.
• Satyajit Ray was the first Indian awarded Oscar for lifetime achievements in cinema in
1992.

UNESCO Peace Prize

• Presented by United Nations Educational, Scientific and Cultural Organization

(UNESCO)
• For extraordinary contributions for international peace.

Pulitzer Prize

• Instituted in 1917 and named after the US Publisher Joseph Pulitzer.

• Conferred annually in the USA
• For accomplishments in journalism, literature, and music.

Right Livelihood Award

• Instituted in 1980 by the Right Livelihood Society, London.

• Known as alternate Nobel Award
• To promote and contribute in the fields of environment and social justice.

Mahatma Gandhi Peace Prize

• Instituted in 1995 by the Government of India.

• It is presented for international peace on the lines of the Nobel Prize.

UNESCO Human Rights Award

• Presented by UNESCO
• For contributions in the field of Human Rights Awareness.
• Given every alternate year.

Man Booker Prize

• Highest literary award to authors of British, Irish and Commonwealth countries

• Established in 1969.
• Renamed as Man Booker Prize, as the sponsorship has been taken over by the Man
Group, an international stockbroker.

RAJAT TAYAL 2
ASSISTANT PROFESSOR
 BBA 5th SEMESTER, UNIT III, GENERAL BUSINESS AWARENESS

UN Human Rights Award

• Presented by UN for personal contribution for the cause of human rights.

• It is presented every sixth year.

World Food Prize

• Presented by Food and Agriculture Organization (FAO)

• For the cause of agriculture and food development.

Indira Gandhi Award For International Peace, Disarmament and Development

• Presented by Indira Gandhi Memorial Fund in India

• For specialized contribution in the field of international disarmament and development.

Bharat Ratna

• Highest civilian award of India.

• Presented by the Government of India.
• Presented for exceptional public service and rarest achievements in the field of art,
literature and science.
• Instituted in 1954
• First recipient was C. Rajagopalchari

Padma Vibhushan

• Padma Vibhushan is the second-highest civilian award

• Padma Vibhushan was instituted in 1954
• For distinguished services in any field including Government service.
• Padma Bhushan and Padma Shree are the other important civilian awards.
• The first awardee were Zakir Husain, V.K Krishna Menon, Satyendra Nath Bose,
Balasaheb Gangadhar Kher, Nandalal Bose, Jigme Dorji Wangchuck

Padma Bhushan

• Padma Bhushan is awarded for the distinguished service of high order

• Padma Bhushan was instituted in 1954
• The first person to be awarded with Padma Bhushan was Homi Jehangir Bhabha

Padma Shri

Padma Shri is awarded for the distinguished service in the field of Arts, Social Work, Public
Affairs, Science & Engineering, Trade & Industry, Medicine, Literature & Education, Sports or
others

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ASSISTANT PROFESSOR
 BBA 5th SEMESTER, UNIT III, GENERAL BUSINESS AWARENESS

Bhartiya Jnanpith Awards

• Instituted in 1965
• Given for distinguished works in any recognized language by a scholar.

Sahitya Akademy Awards

• Instituted in 1955
• Given for any exclusive writing in any of the 22 languages including English literature.

Saraswati Samman

• Instituted in 1991 by the K.K. Birla Foundation

• Given for any distinguished literary work made during last 10 years in any of the Indian
language.

Vyas Samman

• Instituted in 1992 by the K.K. Birla Foundation

• For outstanding contribution to Hindi literature.

Shanti Swarup Bhatnagar Awards

• Given to the Indian scientists for their exceptional performance.

R.D. Birla Award

• Given in the field of medical sciences.

Dhanvantri Award

• These awards are given for the extraordinary performance in the medical sciences.

Dhyan Chand Award

• Dhyan Chand Award is given for sports and games

• It was initiated in 2002
• The first awardee are Ashoka Diwan, Shahuraj Birajdar, and Aparna Ghosh

Arjuna Awards

• Instituted in 1961
• Given by Sports Ministry, Government of India.
• These are given for the special achievements in different types of sports.

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ASSISTANT PROFESSOR
 BBA 5th SEMESTER, UNIT III, GENERAL BUSINESS AWARENESS

Dronacharya Awards

• Dronacharya Award is given for outstanding coaches in sports and games.

• It was instituted in 1985.
• Given by Sports Ministry, Government of India.
• These are given to sports coaches.
• The first awardee are Bhalchandra Bhaskar Bhagwat, O.M. Nambiar, and Om Prakash
Bhardwaj

Moorti Devi Award

• Moorti Devi Award is given in the field of literature

• It was initiated in the year 1983
• The first awardee was C.K. Nagaraja Rao

Dadasaheb Phalke Award

• Dadasaheb Phalke Award is given for outstanding contribution to the growth and
development of the Indian cinema
• This award was initiated in 1969
• The first receiver of this award was Devika Rani

Rajiv Gandhi Khel Ratna

• It was instituted in 1992

• Presented for commendable display by the players.

Gallantry Awards

There are two types of Gallantry Awards given namely,

• War Time Award and,

• Peace time Award.

The awards that come under the War Time Award are as follows:

• Param Vir Chakra: It is India's highest award for bravery.

• Mahavir Chakra: It is the second-highest gallantry award.
• Vir Chakra: It is the third-highest gallantry award.

The awards that come under the Piece Time Award are as follows:

• Ashok Chakra: It is the highest peace-time gallantry award.

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ASSISTANT PROFESSOR
 BBA 5th SEMESTER, UNIT III, GENERAL BUSINESS AWARENESS

• Kirti Chakra: Kirti Chakra is equivalent to the Maha Vir Chakra award of wartime
gallantry awards. This is the second in order of precedence of peacetime gallantry
awards.
• Shauraya Chakra: Shaurya Chakra is a peacetime gallantry award equivalent to Vir
Chakra. It is an Indian military decoration award for courageous action or an act of self-
sacrifice while not in direct action of combat against the enemy.

Pritzker Architecture Prize

• Pritzker Architecture is awarded in the field of Architecture

• This award started in the year 1979
• The first awardee was Philip Johnson

Grammy Award

• Grammy Award is given for the outstanding achievement in the music industry
• This award was initiated in 1959
• The first receiver of the ‘Record of the Year’ was Nel Blu Dipinto Di Blu (Volare), first
receiver of ‘Album of the Year’ was The Music from Peter Gunn and ‘Song of the Year’
was Nel Blu Dipinto Di Blu (Volare)

Abel Prize

• Abel prize is given for outstanding scientific work in the field of Mathematics
• This award was instituted in the year 2002
• The first Indian awardee was Professor Srinivasa SR Varadhan (2007) whereas at the
international level the first awardee was Jean-Pierre Serre (2003)

Lal Bahadur Shastri National Award

• Lal Bahadur Shastri National Award is given for excellence in academics/ public
administration or management.
• It was initiated in 2000
• The first awardee was Prof. C.K. Prahalad

Sangeet Natak Akademi Award

• Sangeet Natak Akademi Award is given for performing arts in India

• This award was instituted in 1951
• The first awardee was Alauddin Khan in Music for Hindustani Sarod, Mushtaq Hussain
Khan in Music for Hindustani Vocal, Karaikudi Sambasiva Iyer in Music for Carnatic
Veena, and Ariyakudi Ramanuja Iyengar for Music in Carnatic Vocal.

RAJAT TAYAL 6
ASSISTANT PROFESSOR
 BBA 5th SEMESTER, UNIT III, GENERAL BUSINESS AWARENESS

Difference Between Important Awards and Honours in India

Besides knowing the names of awardees, it is also important to know facts about
important awards and honours in India. As per the analysis of previous year papers, it has been
observed that the officials also ask questions on different awards. So, to help you out, we have
mentioned some interesting facts of Awards and Honours in India.

Paramvir Chakara Mahavir Chakara Vir Chakara

The Maha Vir Chakra (MVC)

The Param Vir Chakra is
is the second-highest military The Vir Chakra is awarded
India’s highest military
decoration in India and is for acts of gallantry in the
honour awarded to
awarded for acts of presence of the enemy,
servicemen and women for
conspicuous gallantry in the whether on land or at sea
displaying the highest
presence of the enemy, or in the air. It is a third
degree of bravery or self-
whether on land, at sea or in highest military decoration
sacrifice in the presence of
the air and maybe awarded in India.
the enemy in wartime.
posthumously.

The medal is 1-3/8 inch

The medal is made of standard
The bronze medal has four circular silver medal. A
silver with a five-pointed
replicas of ‘Indra’s Vajra’ five pointed star, with the
heraldic star embossed on it
embossed on it with the chakra in the centre, and,
with the points of the star just
State Emblem in the centre. on this, the domed gilded
touching the rim.
state emblem.

The words ‘Param Vir

Chakra’ is embossed both in
Hindi and English on the
reverse and the two versions
are separated by two lotus
flowers. The ribbon is of
plain purple colour.
The words ‘Maha Vir Chakra’
The ribbon is 32 mm, half
is embossed both in Hindi and
dark blue and half orange-
English on the reverse, and
saffron; dark blue 16 mm,
two lotus flowers separate the
and saffron 16 mm.
two versions.

Recipients or their families

Recipients or families of the
recipients if awarded
posthumously, receive
compensation of rupees
3,000 per month.
Recipients or their next of kin
in if awarded
receive Rs 2,400/- per month
posthumously, receive Rs
with the same amount if
1,700 per month, with the
another bar is added to the
same amount added to
award.
each bar to the decoration.

RAJAT TAYAL 7
ASSISTANT PROFESSOR
 BBA 5th SEMESTER, UNIT III, GENERAL BUSINESS AWARENESS

Difference between Important Padma Awards

Every country has their own set of Awards and Honours for their citizens. Therefore, in India,
there are different Padma Awards given to the civilians to honour their achievements in their
field of work. There are 3 different types of Padma awards in India namely,

• Padma Vibhusan
• Padma Bhusan
• Padma Shri

The difference between the three is described below:

Padma Vibhusan Padma Bhusan Padma Shri

After Bharat Ratna, After Padma Vibhusan, After Padma Bhusan,

Padma Vibhusan is the Padma Bhusan is the third- Padma Shri is the fourth-
second-highest civilian highest civilian award in highest civilian award in
award in India. India. India.

The award consists of a The award consists of a

bronze medallion with a
lotus on the front between
the words ‘Padma
Vibhushan’ written in
Devanagari and the
Indian emblem on the
back.
The award consists of a
gold-coloured medallion
bronze medallion with a
with a lotus on the front
lotus on the front between
between the words ‘Padma
the words ‘Padma Shri’
Bhushan’ written in
written in Devanagari script
Devanagari script and the
and the Indian emblem on
Indian emblem on the
the back.
back.

It excludes people working It is presented for

The award is given
in PSUs, with the outstanding achievements
without regard to
exception of doctors and in diverse fields such as
ethnicity, occupation,
scientists. arts, literature, sports, and
status, or gender.
social service.

RAJAT TAYAL 8
ASSISTANT PROFESSOR