RNA processing prepares transcripts produced from transcription so they can function in protein synthesis. It involves several key steps like capping, splicing, and polyadenylation of mRNA. Capping adds a methylated guanine cap to the 5' end, splicing removes introns from mRNA, and polyadenylation adds an adenine tail to the 3' end. Other RNAs like tRNA and rRNA also undergo processing to become mature and functional, which involves cleavage, addition of modified bases, and assembly of ribosomal subunits. RNA processing is essential for generating diverse and properly functioning mRNAs and other RNAs to regulate gene expression and maintain cellular functions.