The difference between the new and open commands on the file menu are quite simple. The new command creates a brand new file, while the open command opens a file that already exists or has been created.
When this case would appear, one thing that I would do personally would first, go to the settings, in then, after having this done, I would then "scroll down" to where ti would say "restore (uefi/bios) files, and from there, you would get every value that would would have from the beginning in your chip.
And also, what is truly unique would be the fact that you would be able to choose the "restore point" that you would like for it to appear.