Interactive - Toggles between interactive and production rendering. Features such as Light cache and on-demand mipmapping are not supported in interactive mode.
Lock Render Camera/View – When enabled, locks the render camera from Render from Camera/View .
Render from Camera/View – Specifies the view to render from when the V-Ray render button is clicked.
Lock Image Aspect – When enabled, locks the X value and scales the Y according to the viewport size.
Resolution – Sets the output resolution for rendering.
Export VRScene – Enables the export of a .vrscene file when the V-Ray render button is clicked.
Export VRScene Path – Directory where the .vrscene file is saved with the file name output.vrscene. Default directory is <Unreal_install_path>\UE_4.XX\Engine\Plugins\VRayForUnreal\Content
Compress – Compresses geometric information when Export VRScene is enabled, thus making the resulting .vrscene file is smaller.
Include Vrscene – Specifies a .vrscene file with various setting to be applied at render. For advanced users that are familiar with vrscene file structure.