- IGLA-S
- It is a man-portable air defence system (MANPADS) developed by Russia.
- It is a hand-held defence system that can be operated by an individual or crew.
- It is designed to bring down low-flying aircraft and can also identify and neutralise air targets such as cruise missiles and drones.
- It has a range of 500 metres to 6 kilometres and attack targets up to an altitude of 3.5 kilometres.
- The speed of the missile is 400 metres per second and the deployment time is 13 seconds.
2. EXERCISE ”TARKASH”
- The seventh edition of the Indo-U.S. joint counter terrorism exercise ”Tarkash”, between the elite National Security Guard (NSG) and the U.S. Special Operations Forces (SOF).
- The primary objective of the bilateral exercise is to build functional relation and enhance interoperability between the two special forces.
- The exercise is also aimed at improving bilateral cooperation between India and the U.S. in matters relating to combating terrorism, in all its forms and manifestations
3. SAHUL
- The supercontinent, once known as Sahul, was a landmass that was exposed thousands of years ago during the Pleistocene epoch – when Earth was in the middle of the last ice age.
- Glaciation led to declining sea levels, exposing areas of the continental shelf that had previously been submerged.
- This revealed land connecting what is now mainland Australia to Papua New Guinea in the north and Tasmania in the south
4. VOLATILITY INDEX
- The Volatility Index, VIX or the Fear Index, is a measure of the market’s expectation of volatility over the near term.
- Volatility is often described as the ‘rate and magnitude of changes in prices’ and in finance often referred to as risk.
- Usually, during periods of market volatility, the market moves steeply up or down and the volatility index tends to rise.
- As volatility subsides, the Volatility Index declines.
5. TEA BOARD OF INDIA
- The Tea Board of India is a state agency of the Government of India under the control of Ministry of Commerce and Industry
- It was established to promote the cultivation, processing, and domestic trade as well as export of tea from India.
- It was established by the enactment of the Tea Act in 1953 with its headquarters in Kolkata (formerly Calcutta).
- The Tea Board India’s tasks include endorsement of the diverse production and productivity of tea, financial support of research organisations and the monitoring of advances in tea packaging as it relates to health beneficial aspects.
- It coordinates research institutes, the tea trade and government bodies, ensuring the technical support of the tea trade in the global industry.
- The Board is constituted of 31 members (including Chairman) drawn from Members of Parliament, tea producers, tea traders, tea brokers, consumers, and representatives of Governments from the principal tea producing states, and trade unions .
- The Board is reconstituted every three years.
- Assam, West Bengal, Tamil Nadu, and Kerala are the major tea-producing states in India.
ONE LINER
- International Music Culture Conference to promote Indian classical art culture among youth at IIT Chennai
- May 17 – International Telecommunication Day High Blood Pressure Day
