Hello Krishna, Let me clear your doubt with specifying their scopes... See with MA in English, Maximum scope is in Teaching field, Assistant professor, Novel writter, Grammer correction...

But with MA Psychology , the area of scope is very wide. Nowadays, every institute/ schools/ college/ university/ MNC companies/ Banking sector/ hospitals etc are demanding psychology candidate to deal with different situation psychologically... this makes their scopes wider and wider in almost every field

Rest is based on your area of interest... So, All the very best

It depends on your interest & capability Both are the good courses & have scope in its field. The best career after postgraduation is in the education line in college provided you also clear the UGC NET exam.

Career options in Psychology you can prefer:

Clinical Psychology

Clinical psychologists assess and treat people with psychological problems. They may act as therapists for people who are experiencing normal psychological crises.

Counseling Psychology
Counseling psychologists do many of the same things that clinical psychologists do. However, counseling psychologists tend to focus more on persons with adjustment problems rather than on persons suffering from severe psychological disorders.
Health Psychology
Health psychologists are concerned with psychology's contributions to the promotion and maintenance of good health and the prevention and treatment of illness.
Teaching and Research
After completing M.A English you can get jobs with the media as reporters, newspaper firms, English Translator, Content writer etc.

Good Luck!