The Belgaum session of the Indian National Congress in 1924 was presided over by Mahatma Gandhi. Mahatma Gandhi was a prominent leader of the Indian independence movement and played a pivotal role in shaping India`s fight for freedom. He was known for his non-violent methods and principles of satyagraha.

Option 1: Sarojini Naidu was a prominent leader in the Indian independence movement, known for her oratory skills and poetry. However, she did not preside over the Belgaum session.

Option 3: Rabindranath Tagore, a renowned poet, philosopher, and Nobel laureate, had a significant impact on Indian nationalism. However, he did not preside over the Belgaum session.

Option 4: Muhammad Ali Jinnah, who later became the founder of Pakistan, was not a member of the Indian National Congress and did not preside over the Belgaum session.

Therefore, the correct answer is option 2, Mahatma Gandhi.