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The Lok Sabha, also known as the House of the People, is the lower house of Parliament of India which is bicameral, where the upper house is Rajya Sabha. Members of the Lok Sabha are elected by an adult universal suffrage and a first-past-the-post system to represent their respective constituencies, and they hold their seats for five years or until the body is dissolved by the president of ...
The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the monetary policy of the United States .
The Federal Reserve System is composed of five parts: [3] [7] The presidentially appointed Board of Governors (or Federal Reserve Board), an independent federal government agency located in Washington, D.C.
The board of governors is one of three key pillars making up the broader Federal Reserve System, along with the 12 regional reserve bank presidents and the Federal Open Market Committee (FOMC).
Till 13th Lok Sabha, each of these standing committees used to consist of 45 members— 30 nominated by the Speaker from amongst the members of Lok Sabha and 15 members nominated by the Chairman, Rajya Sabha from amongst the members of Rajya Sabha. However, with re-structuring of DRSCs in July, 2004 each DRSC consists of 31 members—21 from ...
The constitution provides that the maximum strength of the Lok Sabha be 550 members. The Lok Sabha has a term of five years. To be eligible for membership in the Lok Sabha, a person must be a citizen of India and must be 25 years of age or older, not hold any office of profit under union or state government, mentally sound, should not be ...
The broader Fed system has three pillars: the board of governors, the 12 regional reserve banks and the FOMC. Board of governors The board of governors in Washington is a seven-member board that ...
The Federal Reserve System is designed to be independent of government, though not independent from government. The Fed’s board ultimately reports to Congress.