The correct option is B Increases the rate of SN1 reaction
A polar solvent would favour and increase the probability of formation of a charged species i.e the cation. Thus, a polar solvent favours SN1 reaction by increasing stability of the cation.
Increasing the polarity of the solvent increases the solvation of the nucleophile. There will be increased dipole-dipole interactions between a solvent and a nucleophile as polarity of the solvent increase. This will reduce the mobility of the nucleophile and in turn reduce the rate of reaction in an SN2 reaction.