We find very good agreement between our theoretically evaluated lifetimes of the 5d 2 D 3/2 and 5d 2 D 5/2 states of Cs with the experimental values reported in [Phys. Rev. A 57, 4204 (1998)], which were earlier evinced to be disagreeing with an earlier rigorous theoretical study [Phys. Rev. A 69, 040501(R) (2004)] and with another precise measurement [Opt. Lett. 21, 74 (1996)]. In this work, we have carried out calculations of the radiative transition matrix elements using many variants of relativistic many-body methods, mainly in the coupled-cluster theory framework, and analyze propagation of the electron correlation effects to elucidate their roles for accurate evaluations of the matrix elements. We also demonstrate contributions explicitly from the Dirac-Coulomb interactions, frequency independent Breit interaction and lower order quantum electrodynamics (QED) effects. Uncertainties to these matrix elements due to different possible sources of errors are estimated. By combining our calculated radiative matrix elements with the experimental values of the transition wavelengths, we obtain the transition probabilities due to both the allowed and lower order forbidden channels. Adding these quantities together, the lifetimes of the above two states are determined precisely and plausible reasons for the reported inconsistencies between the earlier theoretical calculations and the experimental results have been pointed out.