There are two types of assemblies are there in .net. They are,
1. Private Assemblies and
2. Public/Shared Assemblies.
Private Assembly:- An assembly is used only for a particular application. It is stored in the application's directory other wise in the application's sub directory. There is no version constraint in private assembly.
Public Assembly:- It has version constraint. This public assembly is stored inside the global assembly cache or GAC.GAC contains a collection of shared assemblies.
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