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No. Caste cannot be determined by socioeconomic status. In Hinduism, castism is actually a means to segragate people by their occupations. Example, Brahmans: priestly class, very learned; Kshatriyas: warrior class, known for their bravery and valor; Vaishyas: merchant class, excellent buisnessmen; Shudras: labour class. However, in modern times, caste is determined by birth than by occupation. So if you are born to a brahman household, you become a brahman by default.

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