Use of It and There

(as a subject without meaning)

IT
: Time, day, date, weather, etc.

1. It is raining.
2. It is not hot today.
3. Was it cold yesterday?
4. It was Monday yesterday?
5. It is 10 AM by my watch.
6. Will it be 19th Sep. tomorrow?
7. It will take us two hours to reach there.
8. It is hailing outside.

There : Number, quantity, position etc.

1. There are 5 members in my family.
2. How much water is there in the jug?
3. There are clouds in the sky.
4. How many books are there in your bag?
5. There may be Rs. 20,000/- in my bank account.
6. There are 11 players in a cricket team.
7. There is a great rush in the market.