"The right to work is guaranteed, but the choice of occupation gets restricted." Select the correct set of options which is related with the above…

CA Foundation · Business Economics · PYQS · May 2026
"The right to work is guaranteed, but the choice of occupation gets restricted." Select the correct set of options which is related with the above statement.
(A) A. Absence of consumer choice, Capitalist economy
(B) B. Absence of consumer choice, Socialist economy
(C) C. Right to private property, Capitalist economy
(D) D. Right to private property, Socialist economy

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Absence of consumer choice, Socialist economy

Topics: Nature & Scope of Business Economics

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