The correct option is B Both Assertion and Reason are correct but Reason is not the correct explanation for Assertion.
Assertion is correct as suspended particulate matter (SPM) is an important pollutant released by diesel vehicles. SPM is a microscopic solid or liquid matter suspended in the Earth's atmosphere. They are finely divided solids or liquids that may be dispersed through the air from combustion processes, industrial activities or natural sources.Particulate matter includes dust, smoke, soot, pollen and soil particles.
Reason is correct as well but it is not correct explanation of assertion. Catalytic converters greatly reduce pollution caused by automobiles, is a device used to reduce the emissions from an internal combustion engine, they are involved in reducing gaseous pollutants by converting CO⟶CO2, NO2⟶N2 etc. Thus, decrease the amount of pollutant. They cannot reduce emission of SPM. Hence, option B is correct.