Is there a spending limit by default, when it comes to the spending limit for the Azure free account?

Answer options:

A.Yes
B.No

Answer – A 
There is a credit of 200 USD which is assigned to the Azure Free account and is limited to the first 30 days the account is active. This acts as a spending limit. The Microsoft documentation mentions the following. 

For more information on the commonly asked questions for the Azure Free account, please visit the below URL- 

https://azure.microsoft.com/en-us/free/free-account-faq/