1. Ring has 46 keywords including class, def, func, if, else, for, and, or, not.
2. It has over 227 built-in functions like sin(), cos(), len(), str(), int(), loadlib(), and system().
3. Compiler errors include missing parentheses, brackets, or braces, undefined variables or functions, and syntax errors.
4. Runtime errors involve division by zero, out of bounds arrays, type mismatches, and stack overflows.