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The Vice President is elected ____
A.On the basis of adult franchise by the people of India
B. By an electoral college consisting of all the members of Rajya Sabha by the secret ballot
C. By an electoral college of all the members of both houses of the Parliament
D. By an electoral college of all the members of both houses of the Parliament consisting in accordance with proportional representation by the means of single transferable vote and by secret ballot

Answer
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Hint:Article 63 of the Indian Indian Constitution mentions and provides information about the post of Vice-President. The Vice President is indirectly elected. The qualifications of Vice President are usually on the same lines as the President and require the candidate to be above 35 years and not an elected member of Rajya Sabha/Lok Sabha.

Complete answer:
In the electoral college for Vice President, both elected and nominated members of both the Houses of Parliament take part. However, the states don’t play any role in the process. It is an indirect election and the principle used is Proportional Representation by means of Single Transferable Vote.
If the candidate is elected as Vice President, provided he has a seat in either of the house, he/she is required to vacate that seat on his/her first day in the office. He is not allowed to hold any office of profit under union government, state government, public authority and local authority.
The Vice President holds the term for five years. He is also the ex officio chairperson of the Rajya Sabha. He can act as President on the grounds of seat’s vacancy due to resignation, removal, death or illness. The maximum period of that can be six months.
Unlike the President, he can’t be formally impeached by any procedure. He can also resign from the position.

Hence, the correct answer is option (D).

Note: Sitting President of India, Vice President of India and Governor are also qualified for the position of Vice President. He/She is also elected by the nominated members of both the houses. There can not be more than 2 nominated members in Lok Sabha and 12 in Rajya Sabha.