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Correct Answer: B: Indus Waters Treaty
Explanation: On May 15, 2026, the Permanent Court of Arbitration (PCA) at The Hague issued a Supplemental Award in Pakistan's favour regarding the Indus Waters Treaty, specifically addressing the disputed issue of 'maximum pondage' in the design of India's Ratle and Kishenganga hydroelectric projects. The ruling confirmed that the treaty imposes real and binding limits on India's ability to control western rivers. India rejected the ruling, calling the court 'illegally constituted', while Pakistan welcomed it as a major legal victory.
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