Hi Vishal,

While this would work, I would not do it like this. The input in the DOM is 
not being used, and only the style is there to reflect the state of the 
underlying variable. 
Something like this would be more semantic:

<input type=checkbox #cb [checked]="flagStatus ==='Yes'" (change)="flagStatus 
= cb.checked ? 'No': 'Yes'">

Gives you a pretty clear view on what is going on, and doesn't need a whole 
lot of imperative code in the class.

Regards
Sander

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