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Can anyone help me out as I want to have an idea about Optionsets (i.e., what is the use, how to build one, where we usualy use and if not used what are the significant consiquences)?
I tried to look into the Segue help, but couldn't understand the use of it and what does the " filename.opt" contain.
Look in Partner.ini and then look in one of the .OPT files. Think of the .OPT file as a partner.ini file that gets applied when you open it. The settings in the .OPT override the partner.ini file settings if they are specified in the .OPT.
I could understand the concept of Optionset.