Given below are two statements, one is labelled as Assertion A, and the other is labelled as Reason R:Assertion A: The process of transition to Colonialism was underway over almost a century 1757-1856.Reason R: English East India Company annexed all the Indian territories directly under its control.Read the above statements and select the correct answer from the codes given below:Codes:

• A. A is correct but R is false.
• B. A is incorrect but R is correct.
• C. Both are correct and R is the correct explanation of A
• D. Both are correct but R is not the correct explanation of A.