To solve this question, the user needs to have knowledge of Indian military honors and awards.
The Param Vir Chakra is India's highest military decoration awarded for acts of valor in the presence of the enemy.
Now, let's go through each option and explain why it is right or wrong:
A. Major Somnath Sharma: This option is correct. Major Somnath Sharma was the first Indian to be honored with the Param Vir Chakra for his bravery during the Kashmir operations in 1947-48.
B. Lt General Punita Arora: While Lt General Punita Arora is a highly decorated officer of the Indian Army, she was not the first Indian to receive the Param Vir Chakra.
C. Major Punita Arora: This option is incorrect because there is no record of a Major Punita Arora receiving the Param Vir Chakra.
D. Lt General Somnath Sharma: This option is incorrect because there is no record of a Lt General Somnath Sharma receiving the Param Vir Chakra.