CURRENT AFFAIRS

Detailed explanation-1: -A UK court has dismissed Pakistan’s claim on £ 1 million deposited in 1948 by the government of Hyderabad Nizam with the Pakistan High Commission in London.

Detailed explanation-2: -The Hyderabad fund case relates to money sent by the finance minister of Hyderabad State prior to Police Action in September 1948 to the account of the Pakistan high commissioner in London.

Detailed explanation-3: -In 1948, the last Nizam of Hyderabad, Mir Osman Ali Khan, deposited 1 million pounds in a bank account at the National Westminster Bank. Then-Pakistan high commissioner Habib Ibrahim Rahimtoola held the account.

Detailed explanation-4: -He later migrated to Turkey and died there on January 12, 2023, at the age of 89. Mukarram Jah, the titular 8th and last Nizam of Hyderabad, passed away suddenly on January 12 at the age of 89 in Istanbul, Turkey. He was formally called Nizam Mir Barkat Ali Khan Siddiqi Mukarram Jah, Asaf Jah VIII.

Detailed explanation-5: -The titullar Nizams themselves fought during the Mughal-Maratha Wars since the 1720s, which resulted in the Nizam paying a regular tax (Chauth) to the Marathas. The major battles fought between the Marathas and the Nizam include Palkhed, Bhopal, Rakshasbhuvan, and Kharda, in all of which the Nizam lost.