The correct option is A Generate employment opportunities in rural areas.
RBI had appointed an All India Rural Credit Review Committee in 1969. This committee chaired by B. Venkatappiah recommended establishment of Small Farmers Development Agency (SFDA). Philosophy of SFDA was to identify problems of small farmers, ensure services reach them, help them secure loans from co-operative banks and other assistance such as improved seed, fertilizers, etc. Hence, option B is correct answer.