What is not the basic ingredient of a valid trust?

Mr.Rajesh ,35 years old sole business consultant of "Oriental Decor Import"California , USA. He arranges Indian Handicraft Products in India as per "Oriental Decor Import" orders. He earns 5% commission on goods purchased by "Oriental Decor Import". The "Oriental Decor Import" has invited him in USA for inauguration of their 21 chain stores In USA and Europe and he has to expect to say long for providing Indian Handicraft Product Training to all staffs of the Company working in different chain stores. As a Chartered Wealth Manager he comes to you to plan his journey in such a manner so that he can get maximum tax benefits in the assessment Year 2010-11 from the residential status point of view. In the year 2008-09 was present in India only 80 days. What is the latest date when he can afford to leave India to get maximum tax benefits in the said assessment year?

Deposit in cash in SB Accounts can be in minimum of:

GDP at factor cost is equal to ________

"Consider the following information for three stocks, Stock A, Stock B, and Stock C.
The returns on each of the three stocks are positively correlated, but they are not perfectly correlated.

Portfolio X has half of its funds invested in Stock A and half invested in Stock B.
Portfolio Y has invested its funds equally in each of the three stocks. The risk-free rate is 5%, and the market is in equilibrium.
Which of the following statements is/are correct?