Step 1: Examine the assertion.
Monoclonal antibodies are produced by a single clone of B cells and therefore have very high specificity toward a single antigenic determinant.
Hence,
\[
\boxed{\text{Assertion [A] is true}.}
\]
Step 2: Examine the reason.
Monoclonal antibodies recognize
\[
\boxed{\text{only one epitope on an antigen}.}
\]
This explains why they are more specific than polyclonal antibodies, which recognize multiple epitopes.
Therefore,
\[
\boxed{\text{Both [A] and [R] are true, and [R] correctly explains [A].}}
\]
Hence,
\[
\boxed{(A)}
\]
is the correct answer.