Given below are the two statements, One is Assertion (A) and the other is Reason (R) :

Assertion (A) :

In recent years welfare state is gradually diminishing. 

Reason (R) :

Due to globalization the sovereignty of states is at stake.

In the context of the above two statements which one of the following is correct ?

1
Both (A) and (R) are true and (R) is the correct explanation of (A)
2
(A) is correct but (R) is incorrect
3
Both (A) and (R) are incorrect
4
Both (A) and (R) are true but (R) is not the correct explanation of (A)

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