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AbAb 

check a formula field on object depending on the value of pick-list in same object.

Hello,

I have a picklist value "XYZ", "PQE",

If ( picklist value ==  "XYZ")
 then i want to create aformula with value CHECKED.

If above is not possible then it is unchecked.

How can i achieve this ?

thanks for suggestion !
Best Answer chosen by Ab
RKSalesforceRKSalesforce
We can achieve this by following way:
Create a Formula field with checkbox as a return type. Insert following code  for formula 
IF( (ISPICKVAL(Picklist_Field, 'XYZ')), true , false)

Mark as a best answer if helped.