Consider the following statement: 1. The Nobel Prize Awarding Ceremony takes place on December 10 to every year. 2. The Nobel Prize for Literature was added later on to the other five area. Physics, Chemistry, Physiology or Medicine, Peace and Economics. Which of the statements given above is/are correct?

1. Statement 1 is correct. The Nobel Prize Awarding Ceremony for all prizes except the Peace Prize takes place in Stockholm, Sweden, on December 10th each year, the anniversary of Alfred Nobel's death. The Nobel Peace Prize ceremony takes place on the same day in Oslo, Norway. 2. Statement 2 is incorrect. The original Nobel Prizes established by Alfred Nobel's will (awarded from 1901) were for Physics, Chemistry, Physiology or Medicine, Literature, and Peace. The prize for Economics (Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel) was established later by Sweden's central bank in 1968, not Literature. 3. Therefore, only statement 1 is correct.