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What is Runtime Callable wrapper?.when it will created? 

The common language runtime exposes COM objects through a proxy called the runtime callable wrapper (RCW). Although the RCW appears to be an ordinary object to .NET clients, its primary function is to marshal calls between a .NET client and a COM object. This wrapper turns the COM interfaces exposed by the COM component into .NET-compatible interfaces. For oleautomation (attribute indicates that an interface is compatible with Automation) interfaces, the RCW can be generated automatically from a type library. For non-oleautomation interfaces, it may be necessary to develop a custom RCW which manually maps the types exposed by the COM interface to .NET-compatible types.

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