II/
1. superstition
2. lantern
3. holiday
4. considered
5. Traditionally
6. colorful
7. canals
8. parade
III/
1. When is Diwali celebrated?
2. What does it mark?
3. How do Indians celebrate Diwali?
4. What do some peole believe?
IV/
1. celebration
2. festive
3. cultural
4. entertainment
5. colorful
6. traditional
V/
are → is
closes → close
lately → later
tree → trees
decoration → decorate.