The correct answer is option 4 Explanation & Key Takeaways: Panchsheel's Principles • This historic agreement, signed on 29 April 1954, was conceptualized to be the basis of very friendly relations between India and China. • it became null and void later in the wake of the 1962 Sino-Indian war. • Under the agreement, India gave up all extra-territorial rights and privileges it enjoyed in Tibet, which it inherited from the British colonial legacy. India formally recognized Tibet to be a region of China. • The five principles agreed upon were: • Mutual respect for each other's territorial integrity and sovereignty • Mutual non-aggression • Mutual non-interference in each other's internal affairs • Equal and mutual benefit working relationship • Peaceful co-existence • The agreement put an end to the flux and friction in Sino-Indian relations at that time. • These Five Principles have since been mentioned not only in various other Sino-Indian agreements and documents. • Non-sharing of national natural resources is not a principle under the Panchsheel Treaty