Consider the following statements and mark the option which is true?

1. Vishwarup wrote a commentary known as Balakrida on Yavjnavalkyas Smriti.

2. Pratipada Panchika a commentary on Kautilya's Arthashastra was written by Bhattaswami.

3. Vijananeshwar wrote a commentary on Manu Smriti.

Assertion (A) The higher varnas in the Gupta period became more polygamous and more property-minded.

Reason (R) The number of the higher varnas into the Gupta period came to acquire more and more land.

Assertion (A) The Gupta empire under the successors of Kumargupta I was marked by a general deterioration in the economic conditions.

Reason (R) The coinage of the successors of Kumargupta I reveal a gradual decline in the fabric, artistic execution and fineness.

Assertion (A) Trade and commerce were on the general in decline during the Gupta period.

Reason (R) Gupta issued the largest number of gold coins in ancient India

Assertion (A) The judicial system was far more developed in the Gupta period -- then in earlier times.

Reason (R) For the first time, civil and criminal law were clearly defined and demarcated besides several law books being compiled.

Assertion (A) The Shudras in the Gupta period were permitted to listen to the Ramayan, Mahabharata and the Purans.

Reason (R) The economic state of the Shudras improved in the Gupta period as they were mainly represented as agriculturists.