On 01.01.2019, Z draws a bill on A for Rs.50,000 for 3 months. In this case, the maturity date of the bill shall be .

01.04.2019

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03.04.2019

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04.04.2019

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04.05.2019

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Solution

The correct option is C 04.04.2019
Maturity date = 01.01.2019 + 3 months + 3 days = 04.04.2019.

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