What are the MINIMUM object privileges required for the Snowpipe user to execute Snowpipe?

A Data Engineer is designing a near real-time ingestion pipeline for a retail company to ingest event logs into Snowflake to derive insights. A Snowflake Architect is asked to define security best practices to configure access control privileges for the data load for auto-ingest to Snowpipe.

What are the MINIMUM object privileges required for the Snowpipe user to execute Snowpipe?
A . OWNERSHIP on the named pipe, USAGE on the named stage, target database, and schema, and INSERT and SELECT on the target table
B. OWNERSHIP on the named pipe, USAGE and READ on the named stage, USAGE on the target database and schema, and INSERT end SELECT on the target table
C. CREATE on the named pipe, USAGE and READ on the named stage, USAGE on the target database and schema, and INSERT end SELECT on the target table
D. USAGE on the named pipe, named stage, target database, and schema, and INSERT and SELECT on the target table

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Answer: B