The Ashok Chakra Class-III was renamed as the ______ in 1967.

The correct answer is Shaurya Chakra.The Ashok Chakra Class-III was renamed as the Shaurya Chakra in 1967.The medal was originally established on 4 January 1952 as the "Ashoka Chakra, Class I".As the first step of a three-class sequence of non-combatant bravery decorations.In 1967, these decorations were removed from the "class-based" system and renamed as the Ashoka Chakra, and Shaurya Chakra. The Ashoka Chakra is India's highest peacetime military DECORATION awarded for valour, courageous action or self-sacrifice away from the battlefield.Flt. Lt. Suhas Biswas was the first Indian Air Force officer to be awarded the Ashoka Chakra.A recipient can be awarded the Kirti Chakra or Shaurya Chakra in addition for separate acts of gallantry.Hence, option 1 is correct. Kirti Chakra :Kirti Chakra was KNOWN as Ashok Chakra, Class II before 1967.The Kirti Chakra is an Indian military decoration awarded for valour, courageous action or self-sacrifice away from the field of battle.It may be awarded to civilians as well as military personnel, including posthumous awards.It is the peacetime EQUIVALENT of the Maha Vir Chakra.Mahavir Chakra :The Maha Vir Chakra is the second-highest military decoration in India, after the Param Vir Chakra.It is awarded for acts of conspicuous gallantry in the PRESENCE of the enemy, whether on land, at sea or in the air.It replaced the British Distinguished Service Order.The medal may be awarded posthumously.Vir Chakra :Vir Chakra is an Indian gallantry award presented for acts of gallantry in the presence of the enemy on the battlefield.It replaced the British Distinguished Service Cross, Military Cross and Distinguished Flying Cross.Award of the decoration carries with it the right to use Vr.C. as a postnominal abbreviation.