Answer Posted / jay prakash

There are 2 types of Environment Variables in QTP:
1. User defined
2. Built In

The significance of environment variable is that the value
of environment parameters remains the same during the test
playback, regardles the number of iterations, unless you
change the value. The name of the built in environment
variable will be common across the test. Like UserName, OS
etc.
To see the list of env var you can go to File -> Setting ->
Environment Tab.

Please let me know in case more clarification is required.

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