These types of puzzles are known as charades. What you have to do is to find two words that are referred to in the first stanza and the second stanza and put them together to form the third word in the third stanza.
Just for example, if my first refers to 'off' and my second refers to 'ice', then my whole will be the 'office'.
My first is present - future's past -
A time in which your lot is cast.
My second is my first of space
Defining people's present place.
My whole describes a lack of site -
A place without length, breadth, or height.
On a bright sunny day, two fathers took their son fishing in the lake. Each man and son were able to catch one fish. When they returned to their camp, there were only three fishes in the basket. What happened?
PS: None of the fish were eaten, lost, or thrown back.
A rubber ball keeps on bouncing back to 2/3 of the height from which it is dropped. Can you calculate the fraction of its original height that the ball will bounce after it is dropped and it has bounced four times without any hindrance ?