Examination Question QN1. On 1.1.2011, X draws a bill on Y for Rs.20,000 for 3 months maturity date of the bill will be: (a) 1.4.2011 (b) 3.4.2011 (c) 4.4.2011 (d) 4.5.2011 AnswerAnswer: (c) 4.4.2011 QN2. On 15.8.2011, X draws a bill on Y for 3 months for Rs.20,000. 18th Nov. was a sudden holiday, maturity…
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