Given below are two statements, one is labeled as Assertion (A) and the other as Reason (R).
Assertion (A) : The 73rd Amendment of the Constitution is considered to be a watershed in the history of local self-government in India.
Reason (R) : The 73rd Constitution Amendment conferred the much-coveted Constitutional status on Panchayats.
Select the correct answer from the code given below.

1. A.(A) is false, but (R) is true
2. B.(A) is true, but (R) is false
3. C.Both (A) and (R) are true, but (R) is not the correct explanation of (A)
4. D.Both (A) and (R) are true and (R) is the correct explanation of (A)