The Constitution of India guarantees its citizens certain fundamental rights which are essential for the protection and well-being of individuals. Out of the given options, the one that is not guaranteed as a fundamental right is option 3, the right to property.

1. Right to equality: This fundamental right ensures that all individuals are treated equally before the law. It prohibits discrimination based on religion, race, caste, sex, or place of birth.

2. Right against exploitation: This fundamental right prohibits all forms of forced labor, child labor, and human trafficking. It aims to protect individuals from being exploited and ensures their right to live with dignity.

3. Right to property: Initially, the Indian Constitution did guarantee the right to property as a fundamental right. However, it was amended and removed from the list of fundamental rights in 1978. It was then transformed into a constitutional right under Article 300A, which gives individuals the right to acquire, hold, and dispose of property.

4. Right to carry on trade and business: This fundamental right allows individuals to engage in professions, occupations, and trade without unreasonable restrictions. It ensures a level playing field for economic activities and supports the growth of businesses.

Therefore, option 3, the right to property, is not guaranteed as a