Explanation
Why Correct: The Third Battle of Panipat, fought on 14 January 1761, was between the Maratha Empire and the invading Afghan army led by Ahmad Shah Durrani, also known as Ahmad Shah Abdali.
Distractor Analysis: British and Rohillas refers to conflicts like the Rohilla War (1774) between the British East India Company and the Rohilla Afghans. Sikha and Jats refers to various local conflicts, not a major Panipat battle. Pathans and Satnamis refers to the Satnami rebellion (1672) against the Mughal Empire, not a Panipat battle.
Takeaway: The battle resulted in a decisive Afghan victory, severely weakening the Maratha Confederacy and altering the political landscape of 18th-century India.