How do you create new XML configuration type in Magento 2?

Questions:

• How do you create a new XML configuration type in Magento 2?
• What are the steps to create a new XML configuration type in Magento 2?

Sample Answer:

Following are the steps to create a new XML configuration type in Magento 2:

• Create the XSD Schema file.
• Create the XML configuration file.
• Create a loader (reader) class file by extending Magento\Framework\Config\Reader\Filesystem class.
• Define the configurator object in the di.xml file.