Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R).
Assertion (A): Central Universities are considered elite higher education institutions in India.
Reason (R): Despite their elitist image, these institutions do not find place in the top order of international ranking.
In the light of the above two statements choose the correct answer from the options given below
1. Both (A) and (R) are true and (R) is the correct explanation of (A)
2. Both (A) and (R) are true and (R) is NOT the correct explanation of (A)
3. (A) is true, but (R) is false
4. (A) is false, but (R) is true