The correct answer is B.
When Pi tells the second, more brutal account of what happened, the reader understands how important storytelling is to Pi and how changing the events into a story helped him survive. Furthermore, we can see how Pi had a will to live even in the face of certain death.
A. present the characters and the situation
I think the answer is the plan
Sure, I can look over it for you and give some suggestions, if need be.