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sampathawaduge sameerasampathawaduge sameera 

What is the exact use of record name and type when creating a custom object?

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Best Answer chosen by sampathawaduge sameera
SandhyaSandhya (Salesforce Developers) 

Record Name :
The name used in page layouts, list views, related lists, and search results.
Data Type :The type of field (text or auto-number) for the record name. Records that have unique IDs instead of names are auto-numbered and always a read-only field.

Please refer help article to know more.

If this helps you, please mark it as solved so that It will make it available for other as the proper solution.

Best Regards,