CURRENT AFFAIRS

Detailed explanation-1: -The Indus Waters Treaty was signed in 1960 after nine years of negotiations between India and Pakistan and was brokered by the World Bank, which too is a signatory.

Detailed explanation-2: -Indus Waters Treaty, treaty, signed on September 19, 1960, between India and Pakistan and brokered by the World Bank. The treaty fixed and delimited the rights and obligations of both countries concerning the use of the waters of the Indus River system.

Detailed explanation-3: -This led to several disagreements between the two countries and paved way for the Indus Water Treaty in 1960. The treaty gave Pakistan exclusive right over the western rivers-the Indus, Jhelum, and Chenab and those of the eastern rivers-the Ravi, Beas, and Satluj to India.

Detailed explanation-4: -Sean Murphy, as Chairman of the Court of Arbitration. In line with its responsibilities under the Indus Waters Treaty, the World Bank effected the appointments that it was mandated to make in the two separate processes requested by India and Pakistan in relation to the Kishenganga and Ratle hydroelectric power plants.