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What is the full form of "SDS"?

A. Special Deposit Scheme

B. Scheduled Deposit Services

C. Standard Deposit Scheme

D. Self Deposit Scheme

Answer: Option A

Solution(By Examveda Team)

Special Deposit Scheme (SDS) was launched by the Central government on July 1, 1975. The purpose of the scheme was to provide better returns to non-government provident funds, superannuation and gratuity funds, surplus funds of the Life Insurance Corporation (LIC) and Employees' State Insurance Corporation, etc.

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