Answer:
The Lok Sabha is formed afresh every five years, while the Rajya Sabha is a permanent body that is never dissolved. Members of the Lok Sabha are elected directly by the people, while members of the Rajya Sabha are elected by the elected members of the state assemblies. Another difference between the two houses concerns money bills, which can be introduced only in the Lok Sabha. Besides, the suggestions made by the Rajya Sabha regarding a money bill are not binding on the Lok Sabha.
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