"Picklist Field" is a data type used to create a drop-down list of predefined values within a record. These values are typically used to capture categorical or structured data in a standardized manner.
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open Home | Salesforce
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Select Gear Icon and select Set up from dropdown and click Next
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Click Object Manager to navigate to the objects in salesforce
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On Quick Find box type the object name on which the field name has to be created and select it and click on next
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Click Fields & Relationships
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Click on New Button to create a new custom Field
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Click Picklist data type and select picklist and click on next
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Click Next
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Click on Field Label and provide a name and click on next
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Click on Enter values and provide the values with each value separated by a new line to select it and click on Next
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Click Next
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Select the profiles for which this field should be visible and click on next
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Click Save