Given below are two statements : One is labelled as Ascertain A and the other is labelled as Reason R.

Assertion (A) : Prices and demand of real estate increases as distance towards CBD reduces

Reasons (R) : Central Business District (CBD) of a city has a high concentration of retail store offices and cultural and recreation activities.

In the light of the above statements, choose the most appropriate answer from the options given below:

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UGC NET (Geography) Official Paper-II (Held On: 05 Jan 2022 Shift 1)
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  1. Both (A) and (R) are correct and (R) is the correct explanation of (A)
  2. Both (A) and (R) are correct but (R) is NOT the correct explanation of (A)
  3. (A) is correct but (R) is not correct 
  4. (A) is not correct but (R) is correct

Answer (Detailed Solution Below)

Option 1 : Both (A) and (R) are correct and (R) is the correct explanation of (A)
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UGC NET Paper 1: Held on 21st August 2024 Shift 1
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50 Questions 100 Marks 60 Mins

Detailed Solution

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The term CBD refers to Central Business District. This term was coined by Murphy. As the name suggests it is situated in the center (Heart) of the city. 

Key Points Assertion (A): Prices and demand of real estate increase as distance towards CBD reduces

  • Central Business District has a maximum intensity of land use and very high land rentals.
  • It has government offices, corporate offices, and headquarters of different organizations and agencies.
  • All major transportation routes converge at CBD. 
  • There is very rapid vertical growth with high rises and skyscrapers.
Hence the given statement is correct.
Reasons (R): Central Business District (CBD) of a city has a high concentration of retail store offices and cultural and recreation activities.
  • It is an exclusive commercial area where all the wholesale retail marketing is located. 
  • Central Business District usually has old and traditional shops having the costliest item, antiques, and finest handicrafts.
  • Examples are Jaipur, Rome, and London
  • After office hours, when commercial centers seize to function, the CBD becomes a dead zone.
Hence the given statement is also true. 
Therefore Both (A) and (R) are correct and (R) is the correct explanation of (A).
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