Q. Assertion Magnetic dipole possesses maximum potential energy when magnetic moment and magnetic field are parallel to each other.
Reason Current loop is treated as a magnetic dipole.

 1447  171 Magnetism and Matter Report Error

Solution:

We know that, magnetic dipole posses maximum potential energy when magnetic moment and magnetic field are anti-parallel. A current loop can be treated as a magnetic dipole. When the current loop has an area, and carries a current, then the magnetic dipole moment is given by