New Enroll in RBI Gr B 2025 Exclusive New Batch on March 18

    Question

    When the day on which a promissory note or bill of

    exchange is at maturity (after including days of grace) is a public holiday (except emergency or unforeseen holiday), the instrument shall be deemed to be due on the ______.
    A Preceding business day Correct Answer Incorrect Answer
    B Two days after the holiday Correct Answer Incorrect Answer
    C Next following day Correct Answer Incorrect Answer
    D Subsequent business day Correct Answer Incorrect Answer

    Solution

    The correct answer is A

    Practice Next

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