The two Houses of Parliament enjoy co-equal power in all spheres except:
1. financial matters
2. responsibility of the Council of Ministers
3. amendment procedure
4. election of President

III and IV

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II, III and IV

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I, II and III

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I and II

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Solution

The correct option is D I and II
The Lok Sabha is the more powerful of the two houses of Parliament with regards to financial matters as a Money Bill can be tabled only in the Lok Sabha. Thus, it controls the finances of the government.
The Lok Sabha is the more powerful of the two houses of Parliament with regards to the responsibility of the Council of Ministers because they take all the important decisions of the country under the leadership of the Prime Minister. Rajya Sabha does not have any council of ministers.

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