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Hi community is there a way where I could run a deployment on prefect cloud without keeping my local PC switched on. My question is after creating a deployment and scheduling will the flow run even when my PC is disconnected.

Hi. Prefect Cloud will only provide the "orchestration layer". It "issue run instructions". You will still need an Agent running somewhere in your infrastructure to perform the actual work.
<https://docs.prefect.io/concepts/work-pools/#agents-work-pools-work-queues>

Here the agent could be local machines or cloud VM right

Yup, it can run from anywhere. You just need to authenticate with cloud (`prefect cloud login`, I think)