Gandhi’s concept of Trusteeship:

Recognises right of private ownership of property

Transforms the capitalistic society into an egalitarian one

Excludes legislative regulation of the ownership and use of wealth

Does not fix minimum or maximum income

Answer : Option B

Explanation :

Trusteeship principle advocated by Gandhiji provides a means of transforming the present capitalist order of society into an egalitarian one. He envisaged trusteeship as a post capitalist arrangement which gives no quarter to capitalism, but gives the present owning class a chance of reforming itself (Gandhi Nehru And Globalization, p 7).