Step 1: Understanding the structure of Parliament.
The Parliament of India is the supreme legislative body. It is a union-level institution responsible for making laws, amending the Constitution, and holding the government accountable.
Step 2: Constitutional provision.
According to Article 79 of the Constitution, the Parliament consists of the President and two Houses: the Council of States (Rajya Sabha) and the House of the People (Lok Sabha). All three together form the complete Parliament.
Step 3: Eliminating incorrect options.
Options A, C, and D exclude one of the three essential components. The President is an integral part of the Parliament because no bill becomes law without the President’s assent. Thus, only Option B is fully correct.
Step 4: Conclusion.
Therefore, the Indian Parliament consists of the Lok Sabha, Rajya Sabha, and the President.