Explanation – The correct order of precedence for the gallantry awards is: Param Vir Chakra, Ashoka Chakra, Maha Vir Chakra, Kirti Chakra, Vir Chakra, Shaurya Chakra. Gallantry awards in India are prestigious honours given to individuals, both military and civilian, who display exceptional bravery and self-sacrifice. Gallantry awards are announced twice a year—on Republic Day (January 26) and Independence Day (August 15). These awards are open to all ranks of the Army, Navy, and Air Force, as well as personnel from other lawfully constituted forces and civilians. Awards can be given posthumously and are recognized with a medal and ribbon.

Source: AIR