Step 1: Analyse Assertion (A).
A colloidal solution as a whole is electrically neutral.
Although the colloidal particles carry a charge, this charge is balanced by
an equal and opposite charge of counter-ions in the dispersion medium.
\[
\Rightarrow \text{Assertion (A) is true.}
\]
Step 2: Analyse Reason (R).
Colloidal particles usually carry the same type of charge, due to which:
they repel each other,
aggregation is prevented,
the colloidal solution remains stable.
\[
\Rightarrow \text{Reason (R) is also true.}
\]
Step 3: Check whether (R) explains (A).
Reason (R) explains the stability of colloids, not their electrical neutrality.
Electrical neutrality is due to the presence of counter-ions, not due to repulsion
between similarly charged particles.
\[
\Rightarrow \text{(R) is not the correct explanation of (A).}
\]
Hence, the correct answer is
\[
\boxed{\text{(B) Both (A) and (R) are true but (R) is not the correct explanation of (A)}}
\]