On $15.8.06$ X draws a bill on Y for $3$ months for Rs $50, 000$ . $18 t h$ Nov was a sudden holiday. Due date of the bill will be ___________.

17 t h N o v

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18 t h N o v

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19 t h N o v

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15 t h N o v

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Solution

The correct option is C $19 t h N o v$
In case there is a sudden holiday (not national holiday) then the next working day will be the due date for the bill.
In the given case, since 18th Nov is a sudden holiday hence the next working day i.e 19th November is the new date for the bill of exchange drawn by X on Y.

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On 15.8.06 X draws a bill on Y for 3 months for Rs 50,000. 18th Nov was a sudden holiday. Due date of the bill will be ___________.

On $15.8.06$ X draws a bill on Y for $3$ months for Rs $50, 000$ . $18 t h$ Nov was a sudden holiday. Due date of the bill will be ___________.