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Ques 04. Difference between ActiveWorkbook and ThisWorkbook.
Solution: ThisWorkbook refers to the workbook where code is being written while ActiveWorkbook refers to the workbook which is in active state with active window. In case of only one workbook open, ActiveWorkbook is same as ThisWorkbook.

Ques 02. What is the meaning of Option Explicit and Option Base?

Answer: Option Explicit makes the declaration of Variables Mandatory while Option Base used at module level to declare the default lower bound for array subscripts. For eg. Option Base 1 will make the array lower bound as 1 instead of 0.

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