Accounting · Bills of Exchange
According to the Negotiable Instruments Act, if the maturity date (including days of grace) of a bill of exchange falls on a public holiday, what will be the official due date of the bill?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1One week later
- 2The same day only
- 3Preceding business day✓
- 4Following day
Correct answer
Preceding business day
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Bills of Exchange MCQs →Want more practice questions on Bills of Exchange?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Bills of Exchange