Hi Ramyapriya Pasula,
Currently, there is no direct Microsoft Graph API endpoint that explicitly provides information about whether a user has the "recording and transcribe" option enabled in Microsoft Teams.
You can now configure your app to fetch Microsoft Teams meeting transcripts and recordings in the post-meeting scenario.
Thank you for your suggestion! To better achieve your requirements, we recommend submitting this feature request through the Teams Feedback Portal. This is the best way to ensure your idea is considered for future updates.
We appreciate your input and encourage you to share any additional thoughts!