What is a Connection Object in JDBC ? How is this Connection maintained(I mean is it a Network connection) ? Are they TCP/IP Connections ? Why is it a costly operation to create a Connection every time ? Why do these connections become stale after sometime and I need to refresh the Pool ? Why can't I use one connection to execute multiple queries ?
These connections are TCP/IP connections. To not have to overhead of creating every time a new connection there are connection pools that expand and shrink dynamically. You can use one connection for multiple queries. I think you mean that you release it to the pool. If you do that you might get back the same connection from the pool. In this case it just doesn't matter if you do one or multiple queries
The cost of a connection is to connect which takes some time. ANd the database prepares some stuff like sessions, etc for every connection. That would have to be done every time. Connections become stale through multiple reasons. The most prominent is a firewall in between. Connection problems could lead to connection resetting or there could be simple timeouts
The answers to your questions is that they are implementation defined. A JDBC connection is an interface that exposes methods. What happens behind the scenes can be anything that delivers the interface. For example, consider the Oracle internal JDBC driver, used for supporting java stored procedures. Simultaneous queries are not only possible on that, they are more or less inevitable, since each request for a new connection returns the one and only connection object. I don't know for sure whether it uses TCP/IP internally but I doubt it.
So you should not assume implementation details, without being clear about precisely which JDBC implementation you are using.
To add to the other answers:
Yes, you can reuse the same connection for multiple queries. This is even advisable, as creating a new connection is quite expensive.
You can even execute multiple queries concurrently. You just have to use a new java.sql.Statement/PreparedStatement instance for every query. Statements are what JDBC uses to keep track of ongoing queries, so each parallel query needs its own Statement. You can and should reuse Statements for consecutive queries, though.
since I cannot comment yet, wil post answer just to comment on Vinegar's answer, situation with setAutoCommit() returning to default state upon returning connection to pool is not mandatory behaviour and should not be taken for granted, also as closing of statements and resultsets; you can read that it should be closed, but if you do not close them, they will be automatically closed with closing of connection. Don't take it for granted, since it will take up on your resources on some versions of jdbc drivers.
We had serious problem on DB2 database on AS400, guys needing transactional isolation were calling connection.setAutoCommit(false) and after finishing job they returned such connection to pool (JNDI) without connection.setAutoCommit(old_state), so when another thread got this connection from pool, inserts and updates have not commited, and nobody could figure out why for a long time...