1.What is application server?

2.What is web server?

3.What is the difference between Web server and Application Server?
Application Server

WEB Server

4.What is the Domain in Weblogic serve?

5.What are the Domain Restrictions?

6.What is the server?

7.What is the Administration server?
Administration server is central point of control for a domain. It stores the configuration information and logs for a domain. And it runs the Weblogic Administration console. 
8.What is the Managed Server?
Managed server is a server in a domain that is not the Administration server. It contacts the administration server for configuration information. It runs business application in a production environment. It is independent of all other Managed servers in a domain (unless they are not in a cluster). You can have many managed servers in a domain. Individual managed servers are typically added for capacity and application isolation.

9.How Administration server and Managed servers will interact?

10.What is a Machine in Oracle Weblogic Server?
A Machine in a Oracle Weblogic server is a computer that hosts the Oracle Weblogic Server instances.  Runs a supported operating system platform and it is used by Node Manager to restart a failed Managed servers.