Hi, I don't the reason why you discontinue your course. Actually you also know graduation degree is a minimum 3 year course. These courses must be completed with correct time otherwise you have to face a lot of problems. Because these one year graduation has no value in market which will affect your career. In my opinion its better to complete your course taking their own time and obtain job.
In other means, A student who having three years gap or a student who discontinued his study after intermediate both are entitled to do graduation in one year. A graduation in one year courses which is offered by the university also valid for government job or private job and also valid in the semi govt. sector because it is degree and degree courses offers only university. You can refer the details in the given reference url.
Reference: http://www.ugc.ac.in/ , http://www.aicte-india.org/