The Talchir Formation is characterized by tillite with faceted boulders and green shale with dropstones. These features are indicative of glacial deposits, where the dropstones are often associated with ice-rafted debris. The faceted boulders are formed by glacial abrasion. Therefore, the correct answer is (C): Talchir Formation.
- Lameta Formation (A) is known for its sedimentary deposits but does not feature the specific characteristics of glacial tillite.
- Bagra Formation (B) is not associated with glacial tillite, but rather with different sedimentary processes.
- Panchet Formation (D) also does not exhibit the glacial features found in the Talchir Formation.
Thus, the correct lithology is associated with the Talchir Formation.