The family of straight lines is given by $y = mx$, where $m$ is an arbitrary constant parameter.
To derive the differential equation, differentiate the equation with respect to $x$: $ \dfrac{dy}{dx} = m $
From the original equation, we can express $m$ as $m = \dfrac{y}{x}$.
Substituting this into the differentiated equation gives: $\dfrac{dy}{dx} = \dfrac{y}{x}$.
Rearranging this equation yields: $x \dfrac{dy}{dx} - y = 0$.
Therefore, the Assertion is true.
The Reason (R) describes the general procedure for forming a differential equation: differentiation and elimination of arbitrary constants.
This procedure was precisely followed in deriving the differential equation for the given family of lines.
Consequently, both the Assertion and the Reason are true, and the Reason accurately explains the Assertion.