With reference to Complementary Goods, consider the following
statements:

1. If the price of a good increases, then the demand for its complementary good will increase simultaneously.

2. They compete with each other in an open market economy.

Which one of the following statements best describes the term Natural Capital?

(a) It is the economic value that arises from the stock of knowledge, social and personality attributes embodied in a person.

(b) It refers to the stock of trust and shared values that facilitate the social coordination of economic activity.

(c) It is the world's stocks of natural assets which include geology, soil, air, water and all living things.

(d) It is the financial resources that businesses can use to fund their operations related to natural resources

Q.: Consider the following statements:

1. Food and Agriculture Organization (FAO) organizes closing ceremony of the International Year of Millets (IYM).
2. • The event highlighted importance of millets in achieving sustainable development goals and its emergence as a ‘Global Superfood’
3. • India has proposed to the United Nations to declare the year 2023 as IYM.

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