Which is the highest gallantry award in India

Explanation:

The Param Vir Chakra (PVC) is India's most noteworthy military beautification, granted for showing recognized demonstrations of fearlessness during wartime.
Param Vir Chakra interprets as the "Wheel of the Ultimate Brave", and the honor is allowed for "most prominent courage within the sight of the adversary".
As of January 2018, the decoration has been granted multiple times, of which 14 were post mortem and 16 emerged from activities in Indo-Pakistani contentions.
Of the 21 awardees, 20 have been from the Indian Army, and one has been from the Indian Air Force.

Final Answer:

Hence, the correct option is B, Param Vir Chakra