The correct option is B Only 2
The Param Vir Chakra is awarded for most conspicuous bravery or some daring or pre-eminent act of valour or self-sacrifice, in the presence of the enemy, whether on land, at sea, or in the air. The Param Vir Chakra is the equivalent award of the Medal of Honour in the United States, and the Victoria Cross in the United Kingdom. It is the highest gallantry award for officers and other enlisted personnel of all military branches of India.