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Volatility index Part of: GS Prelims and GS-III- Econo VIX (Volatility index) is an index used to measure the near term volatility expectations of the markets. Volatility signifies the rate and magnitude of change in the stock price or index value. The movement in the VIX index reflects the overall market volatility expectations over the next 30 days. Given the nature of the index, it is also known as ‘fear gauge’ or ‘fea

US Cancels Red Flag

The US Cancels Red Flag Part of: GS Prelims and GS-II- IR Recently, the U.S. Air Force cancelled the Phase-I of Red Flag due to the COVID-19 outbreak. It is a Pacific Air Forces-sponsored exercise meant to provide realistic training in a simulated combat environment over the Joint Pacific Alaska range complex. It is USA’s flagship multilateral air exercise. The Indian Air Force (IAF) was also to take part in the

Gond Tribals

Gond Tribals Part of: GS Prelims and GS-II- Governance While people are struggling for masks and sanitisers in the urban areas, Gond tribal people living in Panna, Madhya Pradesh have devised their own way to make masks to fight coronavirus. Tribal people are making masks with medicinal leaves and following traditional ways to prevent the spread of the coronavirus. Gond Tribe Gonds are one of the largest tribal groups i