Hi Jignesh,
No that is not possible, you could however associate two objects and pass one of the objects as parameter.
You could use a non-persistent entity and save the static text as a data member.
Using a microflow, create the non-persistent entity, set values and pass that to the page.
On save from page, handle it specifically.
A request for a possible solution is described in this forum-idea: https://forum.mendix.com/link/ideas/732. You might want to upvote this.