A database index is a data structure that improves the speed of operations in a table. Indices can be created using one or more columns, providing the basis for both rapid random lookups and efficient ordering of access to records. The disk space required to store the index is typically less than the storage of the table (since indices usually contain only the key-fields according to which the table is to be arranged, and excludes all the other details in the table), yielding the possibility to store indices into memory from tables that would not fit into it. In a relational databasean index is a copy of part of a table. Some databases extend the power of indexing by allowing indices to be created on functions or expressions. For example, an index could be created on upper(last_name), which would only store the uppercase versions of the last_name field in the index. Another option sometimes supported is the use of "filtered" indices, where index entries are created only for those records that satisfy some conditional expression. A further aspect of flexibility is to permit indexing on user-defined functions, as well as expressions formed from an assortment of built-in functions.

You can open excel in QTP by using the following command

create object is used to create and return a reference to an automation object.

VB script

Its not mandate that one should mastered in VB script to work with QTP. It is mostly user friendly and for good results we need to have basic VB or concepts which will suffice

The name property is used to identify the browser and the title property is used to identify the page