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Could someone tell me what is Common Language Runtime (CLR) in .NET?

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CLR or Common Language Runtime in .NET is described as the run-time environment in the .NET framework. It is a Virtual Machine component of the framework; whose main role is to manage the execution of .NET programs. It is developed by Microsoft, to make the task of developers easier, by providing various services like memory management, execution handling, garbage collection, thread management, type safety, etc.

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