Concept:
A rod of length \(l\) moving with speed \(v\) in a magnetic field \(B\) develops a motional emf
\[
\varepsilon=Blv.
\]
Current in the circuit:
\[
I=\frac{\varepsilon}{R}.
\]
Mechanical power supplied equals electrical power dissipated.
Step 1: Find the induced emf.
\[
\varepsilon=Blv.
\]
Step 2: Calculate the current in the circuit.
\[
I
=
\frac{\varepsilon}{R}
=
\frac{Blv}{R}.
\]
Step 3: Find the electrical power dissipated.
\[
P=I^2R.
\]
Substituting \(I\),
\[
P
=
\left(
\frac{Blv}{R}
\right)^2R
\]
\[
=
\frac{B^2l^2v^2}{R}.
\]
Since the rod moves with constant velocity, the external agent must supply the same power.
\[\begin{aligned}
\boxed{
\frac{B^2l^2v^2}{R}
}
\end{aligned}\]
Hence, option \(\mathbf{(D)}\) is correct.