Assertion: Unlike the other varnas, ‘Vaisya’ is often a status that is claimed or aspired to rather than a fixed identity or social status..
Reasoning: Although there are ‘Vaisya’ communities, whose traditional occupation has been trade or commerce for a long time, there are some caste groups that have entered into trade.

Assertion (A) is false but Reasoning (R) is correct.

Like (not unlike) the other varnas, ‘Vaisya’ is often a status that is claimed or aspired to rather than a fixed identity or social status. Although there are ‘Vaisya’ communities (such as banias in North India), whose traditional occupation has been trade or commerce for a long time, there are some caste groups that have entered into trade. Such groups tend to acquire or claim ‘Vaisya’ status in the process of upward mobility.