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What is the full form of "VASP"?

A. Value Added Service Plan

B. Value Added Service Provider

C. Value Added System Policy

D. Value At Stake Policy

Answer: Option B

Solution(By Examveda Team)

"Value Added Service Providers" (VASP) means a persons or entities that provide improved or enhanced versions of standard and basic core network services provided over telecommunication networks that include voice calls and all forms of data transmission including fax, short message services SMSs and Multi- media services (MMSs) normally accessed at extra costs than the basic services.

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