The correct option is C Assertion is correct but Reason is incorrect
In a conductor there are large number of free electrons. When we close the circuit, the electric field is established instantly with the speed of electromagnetic wave which cause electron drift at every portion of the circuit. Due to which the current is set up in the entire circuit instantly.
The current which is set up does not wait for the electrons flow from one end of the conductor to the another end. It is due to this reason, the electric bulb glows immediately when switch is on.