Microprocessor
In 8085

P flag is reset when the result has even parity
P flag is set when the result has odd parity
P flag is reset when the result has odd parity
P flag is set when the result has even parity

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Microprocessor
Ready pin of microprocessor is used

 to indicate that microprocessor is ready to receive outputs
 to indicate that microprocessor is ready to receive inputs
 to provide direct memory access
 to introduce wait state

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