Final answer:
The required security deposit for a Select Licence (SL) depends on the jurisdiction and the regulations set by the licensing authority. Without specific details on the jurisdiction, it's impossible to determine the exact amount.
Step-by-step explanation:
The question is related to the Select Licence (SL) and its operations during the first year with no demerit points, specifically regarding the required security deposit (SD).
Unfortunately, the amount for the security deposit for a Select Licence can vary greatly depending on several factors, including the jurisdiction, the type of license, and the specific rules set by the issuing authority.
Normally, such information would be found in the documentation provided by the regulatory body that issues the license, or it could be available on their official website.
Since the question does not specify the jurisdiction or the entity that governs the Select Licence, it is not possible to provide an exact amount for the security deposit.
It is recommended to check the official guidelines or contact the licensing authority directly for the most accurate and updated information.