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    Question

    A bill of exchange drawn on 15th March for 2 months will

    mature on:
    A 15th May Correct Answer Incorrect Answer
    B 18th May Correct Answer Incorrect Answer
    C 17th May Correct Answer Incorrect Answer
    D 16th May Correct Answer Incorrect Answer

    Solution

    Bill drawn on 15th March for 2 months matures on 15th May. Adding 3 days of grace, maturity date = 18th May.

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