Let's break down the options and why each one is correct or incorrect in this context:

(A) Financial Plan: Gauri needs to prepare a financial plan to manage the funds she procures from various sources. This plan will outline how she intends to allocate these funds, manage expenses, forecast revenues, and ensure profitability. It will also detail her financial goals, projections, and strategies for financial management. Therefore, option (A) is correct.

(B) Production Plan: The production plan plays a vital role in the procurement of funds for Gauri's steel utensil manufacturing business. It outlines resource needs, cost estimations, and capacity planning, which directly influence fund allocation. By detailing material, labor, and overhead costs, the plan guides Gauri in estimating the capital required for production. Investments in machinery or facility expansions, necessary for scaling up production as outlined in the plan, are funded through the procurement process. Thus, the production plan serves as a blueprint for utilizing funds effectively in achieving production objectives. Therefore, option (B) is correct.

(C) Human Resource Plan: While Gauri will certainly need to hire employees to run her business, a Human Resource (HR) plan might not be immediately necessary at the stage of procuring funds. However, it is an essential document for later stages of her business when she starts hiring and managing employees. Therefore, option (C) is incorrect.

(D) Organizational Plan: While an organizational plan is important for structuring the business, defining roles and responsibilities, and establishing reporting relationships, it might not be directly related to the immediate decision of procuring funds. Therefore, option (D) is incorrect.

In summary, Gauri needs to prepare both a Financial Plan (to manage funds) and a Production Plan (for manufacturing steel utensils) for her business. So, the correct answer is Option 4: (A) and (B) Only.