Think about this from the perspective of what a wave picture of light predicts for energy delivery, then compare it with what is actually seen at a metal surface.
In the wave picture, the energy carried by light is spread evenly across the advancing wavefront, so an electron sitting on a metal surface receives only a small trickle of energy at a time. To be freed, it needs to build up enough energy to exceed the metal's work function.
Using typical laboratory light intensities and the tiny area over which a single electron can effectively collect energy, this trickle-based buildup works out to take an extremely long time, on the order of hours or even days, before a single electron would gather enough energy to escape.
Experimentally, though, electrons are seen leaving the metal surface as soon as light of sufficiently high frequency strikes it, with no measurable time lag. This is the spontaneous character referred to in the assertion.
Because the wave-theory time estimate is enormously longer than the observed near-zero delay, the wave picture cannot account for what is seen. The only way to explain a delay-free ejection is if the electron receives all the energy it needs in one go, from a single quantum of radiation, rather than gradually over time.
So both statements hold up: emission genuinely is spontaneous, and the wave-theory time-lag calculation genuinely is what fails to explain that spontaneity, which is precisely why the reason correctly explains the assertion.
Therefore, the correct answer is Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of the Assertion (A).