What is the windows server OS?

I have some questions about windows server, specifically Windows Server 2012 R2.
I will soon be buying HP ProLiant MicroServer AMD NEO N54L, I want something to mess around with but I need a bit of help getting into it.

Can it run.exe?
Does it run normal windows 7 applications?
Can I access it remotely with the default windows application?
Can I use it as a Minecraft server, media server, HomeGroup, Website, game servers, etc?

Hope you can help me.

Added (1). Thanks for your answers, getting the server this christmas! Wish me luck.

Yes, Yes, Yes (use Remote Desktop). Don't know.

Can it run.exe? - Yes.

Does it run normal windows 7 applications? - yes. Almost Most of it.

Can I access it remotely with the default windows application? - Yes, Start => Run -> mstsc - Press enter.

Can I use it as a Minecraft server, media server, HomeGroup, Website, game servers, etc? - yes you can as long as you know how to.

Yes, because it's just a stripped down version of windows 8.
This might help:
http://www.win2012workstation.com/
You can remote access the server by installing Desktop Experience and looking for Remote Desktop. You can run it a a minecraft server, media server, etc etc.