The nitro (-NO$_2$) group, a potent electron-withdrawing entity (-I effect), enhances the carboxylate anion's stability. This increased stability renders O$_2$N–CH$_2$–COOH more acidic than CH$_3$–COOH. As greater acidity correlates with a lower pK$_a$, Assertion (A) is valid, and Reason (R) accurately substantiates it.