The correct answer is: B. V. Karanth.
B. V. Karanth was an Indian writer, actor, director, and theatre personality. He was born in 1918 in Karnataka, India. He is considered one of the most important figures in modern Indian theatre. He received the first Dayawati Modi Award for art, culture and education in 1992.
A. Dharmavir Bharti was an Indian poet, playwright, and novelist. He was born in 1926 in Uttar Pradesh, India. He is considered one of the most important figures in modern Hindi literature. He did not receive the Dayawati Modi Award.
B. Amitabh Bachchan is an Indian actor, film producer, and television personality. He was born in 1942 in Allahabad, India. He is one of the most popular and successful actors in Indian cinema. He did not receive the Dayawati Modi Award.
D. Ashok Vajpeyi is an Indian poet, critic, and translator. He was born in 1941 in Madhya Pradesh, India. He is considered one of the most important figures in modern Hindi literature. He did not receive the Dayawati Modi Award.