Thank you very much!!!
you are correct. I was looking for the same.
It takes the backup of the server objects.
But when restoring the backed up ‘.shared’ file; we might have to take the backup of the new/existing ‘.shared’ file. Since it reads only from one ‘.shared’ file for an application.
Is there a process to merge two ‘.shared’ file of an application into one '.Shared' ? (2 different backed up files of an application)