1)If a power supply is so robust that it can suffer 1000's of volt spikes on AC mains without causing any effect on its low voltage DC outputs, then why can't it is made such that to protect the electronic equipments attached ot it (here CPU, mobo) ? … I mean it should also act as an spike buster, and if any spike comes having intensity larger than power supply's capacity to handle, then PSU should cut the line like a fuse or get itself damaged.!!
This and question five were answered previously. For example, let's assume a 6000 volt surge approaches the computer and protector on the black hot wire. The adjacent protector simply connects that surge to all other wires. For example, 6000 volts on the black wire. 5,500 volts on the white and green wire. Now those 5,500 volts are connected directly to the motherboard. Completely bypass protection inside the PSU.
Anything that would protect by going open circuit does no protection. Again, voltage simply increases to blow through that open gap – that cannot open fast enough. Fuses and switches takes tens of milliseconds (or longer) to open. A surge is done in microseconds.
We saw ‘adjacent protector’ damage when a few power strip protectors earthed a surge through a network of powered off computers. We literally traced that surge by replacing each damaged semiconductor. Restored all computers. Surge found earth ground via two computers. Into a third computer. And out to earth destructively via that third computer's modem and telephone line. Protectors bypassed protection inside those computer’s PSUs.
Once inside, a surge will increase voltage as necessary to blow through anything that might stop it. IOW a surge permitted inside the building will increase voltage as necessary to overwhelm superior protection already inside appliances. Generally, that means a surge finds other paths rather than blow through better protection inside a PSU.
Power supplies are full of safety features. For example, short all PSU outputs together and power on that supply. A short circuit must cause no damage to any PSU. In fact, Intel even says how thick that shorting wire must be. Because no power supply can be harmed by a short circuit or its load. Just another of so many functions inside every supply.
Power supplies contain separate circuits that shorts should its voltage become too high. Often called an overvoltage crowbar. Intel ATX specs even state what a maximum voltages can be. Ie 5 volts will be shorted out before and therefore never exceed 6.5 volts. Well below a semiconductor's maximum 7 volts. Another example of why a supply does not cause motherboard damage.
Question two: a CPU's power supply has torroids and electrolytic capacitors adjacent to the CPU. The original Pentium required this supply to provide current from less than 1 amp to tens of amps in only microseconds. That requirement could only be met by a dedicated power supply adjacent to the CPU. All Pentiums have a dedicated and adjacent power supply.
Q three: -Ve and +Ve means a same destructive current is on both wires. To appreciate this means learning about something beyond layman's knowledge - longitudinal and normal mode currents. For example, a wire could carry different signals on the same wire. The receiver is designed to decode either one or the other. Two different electrical currents on the same wire. You are thinking in terms of one type. Destructive surges are the other.
Another example is in the topmost example. Voltage between a black and white AC wires is only 500 volts. Meanwhile a 6000 or 5500 volt transient is also pushing through the computer.
Q four: every electronic device contains a power supply. For example, routers typically have a power supply inside the wall wart. And another chip chip power supply inside the router. All electronics have a power supply so that serious variations of AC mains cause no change to internal DC voltages. All portable electronics should have a universal supply so that any AC voltage from 85 to 265 VAC is normal power.