Study the Assertion (A) and Reason (R) given below. Choose the correct answer from the options that follow:
 
1. Assertion (A): A stretched bow possesses elastic potential energy.

Reason (R) : The arrow gains kinetic energy after the bowstring is released.
 
2. Assertion (A): Potential energy exists only when an object is moving.

Reason (R): A stationary object kept at a height possesses gravitational potential energy.