Assertion (A): The Indian Arbitration and Conciliation Act of 1996 is modelled on the UNCITRAL model law.
Reasoning (R): The United Nations General Assembly, recommended that all countries must give due consideration to the UNCITRAL model law in-order to bring uniformity in the law and practice of international arbitration.

Both A and R are correct and R is the correct explanation of A.

The Arbitration and Conciliation Act of 1996 is the relevant legislation that governs the process of arbitration in India. The statute provides for an elaborate codified recognition of the concept of arbitration, which has largely been influenced by significant movements of judicial reforms and conflict management across the world. In this regard, a special reference must be made to an international convention entitled, United Nations Commission on International Trade Law (UNCITRAL) Model Law on International Commercial Arbitration, 1985. After the birth of this international treaty, the United Nations General Assembly, recommended that all countries must give due consideration to the said Model law, in-order to bring uniformity in the law and practice of international arbitration. The Indian Arbitration and Conciliation Act of 1996 is similarly modelled on the UNCITRAL model law.