The main provisions of the Punjab Accord were:

A. It was agreed that Chandigarh would be transferred to Punjab.
B. A separate commission would be appointed to resolve the border dispute between Punjab and Haryana.
C. A tribunal would be set up to decide the sharing of Ravi - Beas river water among Punjab, Haryana and Rajasthan.
D. The withdrawal of the application of Armed Forces Special Powers Act in Punjab.
E. Imposing President's rule in the State of Punjab.

A, B, C & D Only

The correct answer is Option 2: A, B, C & D Only

Given statements:

A. It was agreed that Chandigarh would be transferred to Punjab. (Correct)
B. A separate commission would be appointed to resolve the border dispute between Punjab and Haryana. (Correct)
C. A tribunal would be set up to decide the sharing of Ravi - Beas river water among Punjab, Haryana and Rajasthan. (Correct)
D. The withdrawal of the application of Armed Forces Special Powers Act in Punjab. (Correct)
E. Imposing President's rule in the State of Punjab. (Incorrect)

Explanation:

After coming to power following the election in 1984, the new Prime Minister Rajiv Gandhi initiated a dialogue with moderate Akali leaders. In July 1985, he reached an agreement with Harchand Singh Longowal, then the President of the Akali Dal. This agreement, known as the Rajiv Gandhi - Longowal Accord or the Punjab Accord, was a step towards bringing normalcy to Punjab. It was agreed that Chandigarh would be transferred to Punjab, a separate commission would be appointed to resolve the border dispute between Punjab and Haryana, and a tribunal would be set up to decide the sharing of Ravi-Beas river water among Punjab, Haryana and Rajasthan. The agreement also provided for compensation to and better treatment of those affected by the militancy in Punjab and the withdrawal of the application of Armed Forces Special Powers Act in Punjab.