The correct option is D Assertion is incorrect but Reason is correct
We know that
"The locus of the point of intersection of two perpendicular tangents to a hyperbola is a circle known as the director circle."
Equation of director circle is
x2+y2=a2−b2
Hence, reason is correct.
Assertion:
For real director circle,
a2≥b2
⇒b2a2≤1
⇒e2−1≤1
⇒e2≤2
⇒e<√2
Hence, assertion is incorrect.