Electrical Machines
If two 8-pole dc machines of identical armature sare wound, one with lap winding and the other with wave winding, then

 lap-wound machine will have more rated voltage and more current
 wave-wound machine will have more rated voltage and less current
 wave-wound machine will have more rated current and more voltage
 lap-wound machine will have more rated voltage and less current

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Electrical Machines
Compensating windings are used in DC generators

  mainly to reduce the eddy currents by providing local short circuit.
None of these
  to provide path for the circulation of cooling air.
  to neutralize the cross magnetizing effect of the armature reaction.

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