You can save all the settings you need in a text file that sits in your application folder. You could if you want save the settings in a SQLlite database stored on the Android device.
These methods can be pre populated with values by yourself and then packaged with the APK on the Android Market.
I personally store the user preference data in a map file and then other data such a searches, favorites etc in a SQLlite database.
See the Files page in the B4A documentation Wiki. As has already been pointed out, you can store whatever data you want. If you are asking if Android has some sort of systems setting file that you can plug into, I think that the answer is no, but then it's just as easy to create your own file.