The National Film Awards is the most prominent and prestigious award of Nepali cinema. The first National Film Award was held in 2005, in the presence of His Majesty's King Gyanendra Bir Bikram Shah. The event is held at the residence of the president of Nepal and the president (as a Head of Nation) gives the awards to the winners in various categories. It is yearly organised by Film Development Board, Nepal (government organisation, which looks after film industry of Nepal).[1][2]