Which of the following Indian festivals celebrates the death of the demon king Ravana at the hands of Lord Rama?

Dussehra

The correct answer is Option (2) → Dussehra

The festival that celebrates the death of the demon king Ravana at the hands of Lord Rama is Dussehra.

• Dussehra, also known as Vijayadashami, marks the victory of good over evil.
• Ravana kidnapped Rama's wife Sita, and Rama, an avatar of Vishnu, defeated Ravana to rescue her.
• The festival is celebrated with effigies of Ravana being burnt, signifying the triumph of good.