1- Does it has Built in Coding Standards (rules)?
Yes
2- Does it support Customizable Coding Standards (rules) where I can create my own rules?
Yes
3- Does it Support Source Code Analysis?
No, you case use StyleCop for that purpose
4- Does it Support assembly files Analysis?
What do you mean??
5- Does it have rules that cover Code security analysis?
Yes, there is a wide variety of Security rules implemented
6- Does it Support Data Centralizing/Sharing where team members can share code and manager can assign a code to a tester (Dashboard)?
You can use Team Foundation Server for that purpose
7- Does it support any type testing like unit testing or creates test cases automatically?
You can use Team Foundation Server for that purpose
8- Does is Support Reporting? If yes are the reports customizable or not?
Again, Team Foundation Server. And yes the reports are customizable, because it is using SSRS.
9- Does is Come As plug-in or stand alone?
Both. It is integrated in Visual Studio, and it is a standalone produc
10- Does it Support command-line option?
Yes
When you are doing code reviews, you also might be interested in TeamReview
Ewald - Please remember to mark the replies as answers if they help.