Formula required for criteria as cell reference

Hi Everyone,

Please find enclosed file.

I need a formula where if I change the criteria highlighted in Orange the highlighted column in Green should change as "Met" or "Not Met".

Request your help.

Regards,
Yadavagiri

Here's a two step solution.
Step one: Select cell H3 then from the Formulas tab select Define Name, put in a name (I used 'Result') and put the following formula in the Refers to: =EVALUATE(Sheet1!E3&Sheet1!F3&Sheet1!G3)
Step two: past the following formula into cell H3: =IF(Result,"Met","Not Met") and copy down.
Let us know if you have any questions.

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