ASP.Net

•Explain < @OutputCache% > and the usage of VaryByParam, VaryByHeader.

OutputCache is used to control the caching policies of an ASP.NET page or user control. To cache a page @OutputCache directive should be defined as follows < %@ OutputCache Duration="100" VaryByParam="none" % >
VaryByParam: A semicolon-separated list of strings used to vary the output cache. By default, these strings correspond to a query string value sent with GET method attributes, or a parameter sent using the POST method. When this attribute is set to multiple parameters, the output cache contains a different version of the requested document for each specified parameter. Possible values include none, *, and any valid query string or POST parameter name.
VaryByHeader: A semicolon-separated list of HTTP headers used to vary the output cache. When this attribute is set to multiple headers, the output cache contains a different version of the requested document for each specified header.

•Can we handle the error and redirect to some pages using web.config?

Yes, we can do this, but to handle errors, we must know the error codes; only then we can take the user to a proper error message page, else it may confuse the user.
CustomErrors Configuration section in web.config file:
The default configuration is:
< customErrors mode="RemoteOnly" defaultRedirect="Customerror.aspx" >
< error statusCode="404" redirect="Notfound.aspx" / >
< /customErrors >

If mode is set to Off, custom error messages will be disabled. Users will receive detailed exception error messages.
If mode is set to On, custom error messages will be enabled.
If mode is set to RemoteOnly, then users will receive custom errors, but users accessing the site locally will receive detailed error messages.
Add an < error > tag for each error you want to handle. The error tag will redirect the user to the Notfound.aspx page when the site returns the 404 (Page not found) error.

[Example]
There is a page MainForm.aspx
Private Sub Page_Load(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles MyBase.Load
'Put user code to initialize the page here
Dim str As System.Text.StringBuilder
str.Append("hi") ' Error Line as str is not instantiated
Response.Write(str.ToString)
End Sub
[Web.Config]
< customErrors mode="On" defaultRedirect="Error.aspx"/ >
' a simple redirect will take the user to Error.aspx [user defined] error file.
< customErrors mode="RemoteOnly" defaultRedirect="Customerror.aspx" >
< error statusCode="404" redirect="Notfound.aspx" / >
< /customErrors >
'This will take the user to NotFound.aspx defined in IIS