The correct option is B Both Assertion & Reason are true, but Reason is a correct explanation of the Assertion.
For ideal inductors and capacitors there will be no dissipation of energy. They first take energies and then release them again for an AC circuit.
So
Average Power loss =0
Now
Let's say, V=V0sinωt
& i=i0sin(ωt+ϕ)
Since both V and i are oscillating sinusoidally with time.
∴ <i>=<V>=0
But for any circuit element in AC even including resistance, <i>=<V>=0, but in that case P≠0.
So both are correct but Reason isn’t the correct explanation of Assertion.
Hence, option (B) is correct.