Is versioning applicable to private assemblies?

Answer:

Yes, versioning is applicable to private assemblies too

There are 2 types of versions:
1)File version
2)Assembly version

File version is the default version that is assigned to any .NET assembly

example: click a .exe and view its properties: File version would always be there

Assembly version is applicable when we create a shared assembly(assembly installed

in a GAC)

Private assemblies do not have Assembly version, but they do have File Version