The festival commemorating the victory of Lord Rama over Ravana:

Makara Sankranti
Navratri
Deepavali
Dussehra

The correct answer is D) Dussehra.

Dussehra is a Hindu festival that celebrates the victory of Lord Rama over Ravana. It is also known as Vijayadashami, Dasara, Dashera, or Ramlila. The festival is celebrated over a period of ten days, with the tenth day being the most important. On this day, people gather to watch Ramlila, a reenactment of the Ramayana epic. They also offer prayers to Lord Rama and seek his blessings.

Makara Sankranti is a Hindu festival that marks the beginning of the harvest season. It is celebrated on the day of the winter solstice, which is usually around January 14. The festival is celebrated with a variety of rituals and traditions, including bathing in holy rivers, flying kites, and eating special foods.

Navratri is a Hindu festival that celebrates the victory of good over evil. It is celebrated for nine nights and ten days, with each day dedicated to a different goddess. The festival is celebrated with a variety of rituals and traditions, including fasting, dancing, and singing.

Deepavali is a Hindu festival of lights. It is celebrated for five days, with the first day being the most important. On this day, people light diyas (lamps) and candles to symbolize the victory of light over darkness. They also exchange gifts and sweets, and visit family and friends.