DC Motors
Flywheel is used with D.C. compound motor to reduce the peak demand by the motor, compound motor will have to be

Differentially compounded
Level compounded
Cumulatively compounded
Under compounded

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DC Motors
If a D.C. shunt motor is working at no load and if shunt field circuit suddenly opens

This will make armature to take heavy current, possibly burning it
This will result in excessive speed, possibly destroying armature due to excessive centrifugal stresses
Nothing will happen to the motor
Motor will run at very slow speed

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