Step 1: Context of the Shimla Agreement
The Shimla Agreement was a landmark accord signed between India and Pakistan following the Indo-Pakistani war of 1971. It was signed in the city of Shimla, Himachal Pradesh, in July 1972. The agreement was aimed at improving bilateral relations and resolving conflicts peacefully.
Step 2: Key points of the Agreement
The Shimla Agreement emphasized the respect for the Line of Control (LoC) in Jammu and Kashmir and the peaceful resolution of disputes. It also laid the groundwork for future peace talks between the two nations.
Step 3: Other Events and Dates
- July 1966 refers to the Tashkent Agreement signed after the 1965 Indo-Pakistani war.
- July 1976 and July 1987 are not significant for the Shimla Agreement.
Step 4: Final Answer
Therefore, the correct answer is (B) July 1972.