What breaks yet never falls, and what falls yet never breaks?

There was once a college that offered a class on probability applied to the real world. The class was relatively easy, but there was a catch. There were no homework assignments or tests, but there was a final exam that would have only one question on it. When everyone received the test paper it was a blank sheet of paper with a solitary question on it: 'What is the risk?'.Most students were able to pass, but only one student received 100% for the class! Even stranger was that he only wrote down one word!
What did he write?

Can you spot what's wrong with the following sentence?

PETER WAS ANGRY AT
HIMSELF BECAUSE HE
ACCIDENTALLY LEFT THE
THE KEYS TO HIS CAR
AT HIS FRIEND'S HOUSE.

I sleep during the day and fly at night, but I have no feathers to aid my flight. What am I?

How many people must be gathered together in a room, before you can be certain that there is a greater than 50/50 chance that at least two of them have the same birthday?

On one occasion, A Boy collects 71 rupees in form of 20 paise and 25 paise. He collects a total of 324 coins.

Can you tell me how many 20-paisa and 25-paisa he got?

If a wheel has 54 spokes, how many spaces are there between the spokes?

What is in seasons, seconds, centuries and minutes but not in decades, years or days?

A man wants to cross the pit of fire which is 25 feet in length and he has 2 planks(fire resistant) 19 feet in length. How can he cross the pit of fire alive?

What word does this rebus represent?

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