DeleteSQL

SQL for deleting a record

DELETESQL
This just need a correct statement like
delete from table where id=:id

InsertSQL

SQL for inserting a record

INSERT SQL:
insert into table *
this will generate an insert statement for each field and values,  i.e. insert into table (a,b,c) values (:a, :b, :c);

insert into table (a, b, c) values *
this will generate an insert statement like  insert into table (a, b, c) values (:a, :b, :c);

insert into table (a, b, c) values (:a, :b, :c);

insert into table (a, b, c) values (:a, "bvalue", :c) etc.

Name Name of the component
Tag Tag (see Borland documentation)
UpdateSQL

SQL for updating a record.

UPDATE SQL:
update table set * where <criteria>

this will generate a update for all fields like 
update a=:a, b=:b, c=:c where <criteria>