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Q. Assertion : The net magnetic force on a current loop in a uniform magnetic field is zero but torque may or may not be zero
Reason : Torque on a current carrying coil in a magnetic field is given by $\vec{\tau}=nI \left(\vec{A} \times \vec{B}\right)$.

Moving Charges and Magnetism

Solution:

Since the net torque acting on a current carrying coil is given by:
$\tau= nI (\vec{ A } \times \vec{ B })$
where, $\vec{A}$ is the area of cross-section through which the magnetic field $\vec{B}$ passes.
The net force acting on the coil might be zero but it can produce a torque on the coil if it acts in the opposite direction.
Here, assertion and reason both are correct but reason is not the correct explanation of assertion.