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I want to know the difference between managed application & web based application. I am developing smart device application in .NET. Can we differentiate ASP.NET, C#.NET, VB.NET application based on difference between Managed Application & Web based application?
These are orthogonal concepts.
Managed refers to applications that run on a virtual machine, like Java and .NET, who manage memory allocation etc. As opposed to unmanaged applications, that run on top of the host OS.
Web based applications refer to 3-tier applications (typically browser-appserver-DB). Contrast them with your typical Winforms applications that entirely runs on the client making requests to a remote DB.