Which festival is celebrated on the last day of the holy month of Ramadan?

Eid-ul-Fitr

The correct answer is Option (2) - Eid-ul-Fitr

The festival celebrated on the last day of the holy month of Ramadan is Eid-ul-Fitr. This is a joyous celebration that marks the end of Ramadan, a month of fasting and prayer for Muslims. It's a time for families and communities to come together for prayers, feasting, and gift-giving.