what does the below rebus means?

Evil warlock dislikes dwarfs and therefore he selects four of them and buries them. The dwarfs are buried in the ground and they are in such a way that except for their heads, their body is inside the ground. The dwarfs cannot move their body and they can view only forward. They are all buried in a line, and amongst the four, one of the dwarfs is separated by a wall. All the dwarfs are in the same direction. The last dwarfs can see two heads of friends in the front and a wall. In the last second dwarf can see one head of his friend and a wall. The second dwarf can see only the wall. The dwarf can see nothing.
Warlock comprehends the situation and tells the dwarfs that he has placed hats on their heads. There are two blue hats and two red ones. In all four dwarfs, one of them has to say what colour hat he is wearing. If the dwarf says the correct colour of the hat, they will be left free. If the answer is wrong, then they will be dug inside the ground till the very end.

What will be the answer by the dwarf and how will they answer?

Rectify the following equality 101 - 102 = 1 by moving just one digit.

They came out at night, without being called.
They lost at day, without being stolen.
Who are they?

Name the three-letter word that can complete the below words:

A) L O _ _ _ E
B) E D U _ _ _ E
C) _ _ _ E R
D) _ _ _ T L E

A word I know,
Six letters contain,
Subtract just one,
And twelve is what remains.

A man fell off a smuggling boat into deep water. He could not swim and he was not wearing anything to keep him afloat. It took 30 minutes for the people on the boat to realize someone was missing. The missing man was rescued two hours later on the return trip. Why didn't he drown? Note:- He didn't know swimming, the sea was deep, and He wasn't holding anything

What can you catch but never throw?

I have lakes with no water, mountains with no stone and cities with no buildings. What am I?

What 5-letter word typed in all capital letters can be read the same upside down?