Due date of a bill of exchange drawn on 30th January, 2011 for one month will be :
  • a)
    5 Mar.
  • b)
    3 Mar.
  • c)
    29 Feb.
  • d)
    4 Mar.
Correct answer is option 'B'. Can you explain this answer?

Commerce Question

By Hot Money · Dec 02, 2018 ·Commerce
30 Answers
Harsh answered Dec 02, 2018
B.3 march.... bcoz of one month which is feb. nd plus 3 days of grace..That is 3 rd march

Palak Jain answered Oct 29, 2018
Due date of a bill is only after the given period (in this case one month ) plus three days of grace . So the bill will be paid only after 1month and 3days i.e. on 3rd march

Ayushi Gupta answered Jan 05, 2020
It will due on 29 feb+ 3 day of grace=3 march

Neha answered Dec 04, 2018
3March 3 days are given exta

Shriyanshu Keshari answered Dec 09, 2018
3rd March is right answer

Animesh Jain answered Dec 06, 2018
4 March ( 1 month + 3 day grace)

Manisha Gupta answered Dec 06, 2018
My answer is 3 march because the bill the bill drawn for 1 months 3 days are extra given

Kamal Madaan answered Aug 09, 2018
If B/R is drawn for one month ...one month will be end on 28 Feb...next three days for grace

Thommanum Makkalum answered Dec 06, 2018
3rd March is the correct answer (28 days+3 days).

Dakshayini answered Dec 05, 2018
February as 28days we calculate 30 days for one month

Nandini Jangid answered Dec 18, 2019
31 jan +one month = 28 feb
28 feb + 3 days = 3 mar

Vipul Varshney answered Dec 15, 2019
30+one month+3days (grace period )=3march

Ashu Yadav answered Jan 03, 2020
Because three days extra were added always

Kaashika Kaur answered Dec 06, 2018
3 march2011,bill of exchange only for 1 month and three grace date .

Vishesh Upadhyay answered Dec 09, 2018
It is not a complicated question instead it is tricky, just be ansure that every time you have to clear cut about 1 month either it is feb month or any other even though it is of 28 days it will be counted as full one month Then now add 3 more day to 28 feb. (Last date ) we will get the maturity date which is 3 march.

Gautam Kumar answered Jan 15, 2020
I think B is the

Chandna Arora answered Dec 06, 2018
For example, if a bill is drawn on 30th January for one month, it becomes due on 28th Feb. and legally due on 3rd March. If the bill becomes legally due on a Sunday or a public or gazette holiday, the (legally) due date is supposed to be one day earlier.

Mr. Rahul answered Dec 09, 2018
Yes because 3 days are grace days given to drawee

Bilwa Pr. Chattopadhyay answered Dec 18, 2018
Please give one idea ... 1 month (full February month) + 3 days grace(31st Jan 1 mar 2 mar) so payable on 3rd am I correct .. if not .. please correct me..

Kapadia Husen answered Dec 09, 2018
Jaaag..as 1 month ends on 28 feb..3 days is for grace period..and the finally time completes on 3 march

Beauty Gupta answered Jan 05, 2020
Answer b(3 March )

This discussion on Due date of a bill of exchange drawn on 30th January, 2011 for one month will be :a)5 Mar.b)3 Mar.c)29 Feb.d)4 Mar.Correct answer is option 'B'. Can you explain this answer? is done on EduRev Study Group by Commerce Students. The Questions and Answers of Due date of a bill of exchange drawn on 30th January, 2011 for one month will be :a)5 Mar.b)3 Mar.c)29 Feb.d)4 Mar.Correct answer is option 'B'. Can you explain this answer? are solved by group of students and teacher of Commerce, which is also the largest student community of Commerce. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for Commerce on EduRev and even discuss your questions like Due date of a bill of exchange drawn on 30th January, 2011 for one month will be :a)5 Mar.b)3 Mar.c)29 Feb.d)4 Mar.Correct answer is option 'B'. Can you explain this answer? over here on EduRev! Apart from being the largest Commerce community, EduRev has the largest solved Question bank for Commerce.