The correct answer is 3, meaning that Assertion (A) is true, but Reason (R) is false.

Dissecting each option:

Option 1 implies both Assertions (A and R) are true and R is the correct explanation for A. This is incorrect because R falsely states that the Neap tide happens during the New Moon, when it really occurs when the moon is in its first or last quarter.

Option 2 states both are true, but R is not the right explanation for A. This is also false due to R`s incorrect information about when Neap tide occurs.

Option 3 is the correct answer. Assertion A accurately describes the tidal conditions during the Neap tide, while Reason R is wrong, misplaced about the phase of the moon during which Neap tide occurs.

Option 4 implies that Reason R is true while Assertion A is not. This is also incorrect since the statement in Assertion A is true, while Reason R is false.