DATA TYPES

What are the data types in SQL

bigint	Binary	bit	char	Cursor
datetime	Decimal	float	image	Int
money	Nchar	ntext	nvarchar	Real
smalldatetime	Smallint	smallmoney	text	Timestamp
tinyint	Varbinary	Varchar	uniqueidentifier

Difference between char and nvarchar / char and varchar data-type?
char[(n)] - Fixed-length non-Unicode character data with length of n bytes. n must be a value from 1 through 8,000. Storage size is n bytes. The SQL-92 synonym for char is character.
nvarchar(n) - Variable-length Unicode character data of n characters. n must be a value from 1 through 4,000. Storage size, in bytes, is two times the number of characters entered. The data entered can be 0 characters in length. The SQL-92 synonyms for nvarchar are national char varying and national character varying.
varchar[(n)] - Variable-length non-Unicode character data with length of n bytes. n must be a value from 1 through 8,000. Storage size is the actual length in bytes of the data entered, not n bytes. The data entered can be 0 characters in length. The SQL-92 synonyms for varchar are char varying or character varying.

GUID datasize?
128bit

How GUID becoming unique across machines?
To ensure uniqueness across machines, the ID of the network card is used (among others) to compute the number.

What is the difference between text and image data type?
Text and image. Use text for character data if you need to store more than 255 characters in SQL Server 6.5, or more than 8000 in SQL Server 7.0. Use image for binary large objects (BLOBs) such as digital images. With text and image data types, the data is not stored in the row, so the limit of the page size does not apply.All that is stored in the row is a pointer to the database pages that contain the data.Individual text, ntext, and image values can be a maximum of 2-GB, which is too long to store in a single data row.