Step 1: Analyze the Assertion (A).
The plane of the circular coil is parallel to the magnetic field.
Therefore, the magnetic field is along the plane of the coil and makes an angle
\[
\theta=90^\circ
\]
with the area vector of the coil.
The magnetic flux through the coil is
\[
\Phi=BA\cos\theta.
\]
Substituting
\[
\theta=90^\circ,
\]
we get
\[
\Phi=BA\cos90^\circ=0.
\]
Since the magnetic flux is always zero, even if the radius and area of the coil change,
\[
\frac{d\Phi}{dt}=0.
\]
Hence,
\[
\mathcal{E}=-\frac{d\Phi}{dt}=0.
\]
Therefore, no emf is induced.
Thus, Assertion (A) is true.
Step 2: Analyze the Reason (R).
The reason states that there is a constant magnetic field in the direction perpendicular to the plane of the coil.
This statement is incorrect.
The problem clearly states that the plane of the coil is parallel to the magnetic field. Hence, the magnetic field lies in the plane of the coil, not perpendicular to it.
Therefore, Reason (R) is false.
Step 3: Final conclusion.
Assertion (A) is true, but Reason (R) is false.
Hence,
\[
\boxed{\text{(A) is true, (R) is false}}
\]
Therefore, the correct option is
\[
\boxed{(3)}
\]