Mood: The mood of the video appears to be light-hearted and humorous, with a theme of carefree attitude and possibly a coming-of-age story. The phrase 'Take It Easy' suggests a relaxed and casual approach to life. The expressions on the boys' faces, especially the one with his finger raised, indicate a sense of mischief and playfulness.

Environment: The setting of the video seems to be a school, likely in India given the language and context. The background shows a classroom or school hallway with colorful posters and a window, suggesting an educational environment. The presence of two young boys in school uniforms further supports this inference.