Correct Answer - Option 3 : (A) is correct and (R) is not correct
Assertion (A) : The Parliament is empowered to alter the boundaries of any existing State of India.
Reason (R) : A bill pertaining to the alteration of the boundaries of any State can be introduced only in Rajya Sabha.
As per the law Parliament can form a new state by separating territory from any state by merging two or more states or parts of states or can also reduce or increase the area of any state. Parliament also has the right to change the name of the state.
Article 3, Draft Constitution, 1948
It empowered the Parliament to make law relating to the formation of new states and alteration of existing states. One member strongly believed that the proposal to alter an existing State must originate from the concerned State Legislature and not the parliament.
Assertion is correct Reason is not correct
hence, option 3 is correct