Explain the difference between lok shabha &rajyashabha on the diffrence of money bill
Answers
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1) Meaning::--
☺ Lok Sabha is the House of People, where people who are eligible to vote can elect their representative by way of direct elections.
☺ Rajya Sabha is the Council of States, where the representatives are indirectly elected by the elected representative of the Assembles of States and UnionTerritories.
2) Permanency::--
The operation of Lok Sabha continues for 5 years, unless dissolved earlier. It is a permanent body.
Maximum number of members
552 Members (lok sabha)
250 Members (rajya sabha)
Minimum age for being a member:-
25 years (lok sabha)
30 years (rajya sabha)
4) Introduction of Money Bill☺
☺ In Lok Sabha After the bill is approved in the Lok Sabha it is sent to the Rajya Sabha for consideration.
Rajya sabha can have that bill for 14 days and cam make changes but after 14th day it is sent to parliament for approval by president.
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Representative Speaker Vice President of India
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