Putnam competition is annual math test across the schools in United States. It is organized on the first Saturday in December in two three hour sittings with a lunch break in between.
The test consists of 12 questions that requires basic college mathematics and creative thinking. One can only participate at most four times. The top five scorers are named Putnam Fellows.
References
William Lowell Putnam Competition at wikipedia
Additional information about Putnam competition
Archive of putnam problems and solutions
Good collection of putnam problems and solutions cataloged by year
Putnam and beyond problem book and study guide
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