The correct option is B If both assertion and reason are correct but reason is not the correct explanation of assertion.
If v=Aωcosωt
Then, vmax=Aω
∴ KEmax=12mv2max=12mω2A2
Further, Average kinetic energy<KE>=<12mω2A2cos2ωt>
=12mω2A2<cos2ωt>
Average value of cos2ωt for one oscillation <cos2ωt>=12
∴ <KE>=14mω2A2
Here both assertion and reason are true but reason cannot explain the assertion correctly.
Hence, option (b) is correct.