Consider the following statements regarding 'class as a social group'.

(A) It is open in nature and allows mobility.
(B) It is permanent in nature.
(C) It is only found in feudal society.
(D) It is based upon achieved status.
(E) It is also based upon life chances and market situation.

Choose the correct answer from the options given below:

(A), (D), (E) only

The correct answer is Option (2) - (A), (D), (E) only

• Statement (A) is correct. Class as a social group is open in nature and allows for social mobility.
• Statement (D) is correct. Class is based upon achieved status, meaning individuals attain their social position based on their efforts, abilities, and accomplishments.
• Statement (E) is correct. Class is also based upon life chances and market situations, meaning individuals' socioeconomic positions are influenced by factors such as access to resources, education, and economic opportunities.

• (B) It is permanent in nature. This statement is false because class is not permanent in nature. It is subject to change due to factors such as social mobility, economic fluctuations, and changes in market conditions.
• (C) It is only found in feudal society. This statement is false. The concept of social class predates feudalism and exists in various forms across different societies and historical periods.