Quarantined:
Means the file has been moved from it's original location to the quarantine folder and re-encoded so it is essentially in virus prison.
Repaired:
Means the file was infected (code injected into a legitimate file) and then quarantined but then new virus definitions were released that were able to remove the infection and the file was repaired and returned to it's original location.
Backup:
Means the original file has been returned to it's original location but there is a backup being kept in Quarantine.