Question
Question: Assertion : - 'Diamonds are forever' is generally quoted for diamond as rate of conversion of diamon...
Assertion : - 'Diamonds are forever' is generally quoted for diamond as rate of conversion of diamond to graphite at room condition is nearly zero.
Reason : - Thermodynamical data indicates that diamond shall convert to graphite. (Spontaneous process) (ΔG < 0)

Both Assertion and Reason are true, and Reason is the correct explanation of Assertion.
Both Assertion and Reason are true, but Reason is not the correct explanation of Assertion.
Assertion is true but Reason is false.
Assertion is false but Reason is true.
Both Assertion and Reason are true, but Reason is not the correct explanation of Assertion.
Solution
The assertion is true because the conversion rate of diamond to graphite is extremely slow at room temperature due to a high activation energy barrier. The reason is also true because thermodynamically, graphite is more stable than diamond (ΔG < 0). However, the reason doesn't explain the assertion; the slow conversion rate is due to kinetics (activation energy), not thermodynamics (Gibbs free energy).