(c) (A) is true, but (R) is false.
Assertion is correct — blood clotting does prevent excessive blood loss. However, clotting is caused by platelets (thrombocytes), not by plasma and white blood cells (WBCs).
Source: Life Processes, Section 5.4.1 (Maintenance by platelets)
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The textbook clearly states: "the blood has platelet cells which circulate around the body and plug these leaks by helping to clot the blood at these points of injury." WBCs fight infection; they do not cause clotting. Plasma transports substances but is not the agent of clotting. Since the Reason incorrectly names WBCs and plasma instead of platelets, R is false, making option (c) correct.