Questions

The term derivative indicates that it has no independent value that is its value is entirely derived from the values of the underlying assets. The underlying asset can be securities, commodities , bullion, currency, livestock or anything else.

The functions performed by trade unions can be classified into two groups: 

i.) Militant Functions

ii.) Fraternal Functions

Militant functions :

These activities include strike, lock outs, gherao etc which means putting up a fight with the management. Hence, they are called militant functions. They are carried out for following purposes: 

a.) Rise in wages

b.) Rise in the status of workers

c.) Protection against injustice

Fraternal functions :

These functions are carried out by the trade unions for the welfare of their employees which includes: 

a.) Measures to boost up the workers’ morale

b.) Foster self confidence

c.) Develop sincerity and discipline

d.) Protection to women workers against discrimination

From the hints,

Only two options for 1st and 2nd digits => 4,2 and 9,3 since it is single digits

Sum of second and third digit  = 10 

If 2 => 3rd digit = 8

If 3 => 3rd digit = 7

4th digit = 2nd digit + 1 => (2+1 =3) or (3+1 = 4)

Sum of all digits = 30

Let 5th digit be x

=> 1st possibility = 4 + 2 + 8 + 3 + x = 30 => x = 13 (Not possible since it has 2 digits)

=> 2nd possibility = 9 + 3 + 7 + 4 + x = 30 => x = 7

Therefore, the PIN is 93747 

Here in the given puzzle,

2 x (2 + 2) = 8

3 x (3 + 3) = 18

4 x (4 + 4) = 32

5 x (5 + 5) = 50

Similarly,

6 x (6 + 6) = 72.