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The correct answer is option 2: I, II and III.
Statement I is correct. Jim Corbett National Park is indeed the oldest national park in India. It was established in 1936 as Hailey National Park, and later renamed as Jim Corbett National Park in 1956 in honor of Jim Corbett, a famous hunter-turned-conservationist.
Statement II is also correct. Jim Corbett National Park was one of the first nine tiger reserves established in India as part of the Project Tiger initiative, which was launched in 1973. The aim of Project Tiger is to protect and conserve the population of Bengal tigers in India.
Statement III is correct as well. Initially, the national park was named Hailey National Park, after Hailey town in Nainital district of Uttarakhand. However, to honor Jim Corbett`s contribution to wildlife conservation, the name was changed to Jim Corbett National Park.
Therefore, all the statements - I, II, and III - are correct, making option 2 the correct answer.