.NET Framework:: Basics

I am posting some basic questions on .NET Framework which will help the beginners.
1- What is .NET framework?
Ans :
Wiki defines
“The Microsoft .NET Framework is a software component that is a part of modern Microsoft Windows operating systems. It provides a large body of pre-coded solutions to common program requirements, and manages the execution of programs [...]

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Life is changing:

Life can take any turn at any moment. Sometimes others experiences guide you and most of the times yours own. Your own experience will last forever, so better to follow that. Life is like a dice with different phases. Sometimes it shows happier moments and sometimes critical ones. According to the phase, you will require [...]

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