Identify the logic operation performed by the following circuit.

Step 1: {Circuit Description}
The logic circuit comprises two NOR gates feeding into a third NOR gate.
Step 2: {Boolean Derivation}
Applying De-Morgan’s theorem yields:
\[ Y = \overline{\overline{A} + \overline{B}} \]
\[ = A \cdot B \]
Step 3: {Result}
This circuit functions as an AND gate. Consequently, the correct option is (B).