The first Indian to be awarded the Oscar for lifetime achievements in Cinema in 1992 was

Satyajit Ray
Dilip Kumar
Bhanu Athaiya
Amitabh Bachchan

The correct answer is A. Satyajit Ray.

Satyajit Ray was an Indian filmmaker, screenwriter, documentary filmmaker, author, essayist, lyricist, magazine editor, illustrator, calligrapher, and music composer. He is widely regarded as one of the greatest filmmakers of all time. Ray is best known for his work in Bengali cinema, and is considered one of the pioneers of Indian art cinema. He is also the only Indian filmmaker to have won an Academy Honorary Award for Lifetime Achievement.

Ray was born in Calcutta, British India (now Kolkata, India) on May 2, 1921. He was the son of Sukumar Ray, a writer, illustrator, and editor, and Suprabha Ray, a homemaker. Ray had an older brother, Subrata Ray, and a younger sister, Sabita Ray.

Ray was educated at the Scottish Church College in Calcutta. He studied English literature and economics. After graduating from college, Ray worked as a commercial artist for a few years. In 1947, he founded the Calcutta Film Society, a film club that screened foreign films.

Ray’s first film, Pather Panchali (1955), was a critical and commercial success. It was the first film in Ray’s Apu Trilogy, which also includes Aparajito (1956) and The World of Apu (1959). The Apu Trilogy is considered one of the greatest film trilogies of all time.

Ray went on to make over 30 films, including Charulata (1964), The Big City (1963), Days and Nights in the Forest (1970), and Shatranj Ke Khilari (1977). He also made several documentaries, including The Inner Eye (1972) and The Story of the Unknown Indian (1975).

Ray was a prolific writer. He wrote several novels, short stories, essays, and screenplays. He also wrote a children’s book, The Adventures of Feluda.

Ray was a recipient of numerous awards, including the Academy Honorary Award for Lifetime Achievement, the Palme d’Or at the Cannes Film Festival, and the Golden Lion at the Venice Film Festival. He was also awarded the Bharat Ratna, India’s highest civilian award.

Ray died in Calcutta on April 23, 1992. He was 70 years old.