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:

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

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