Measurement and Instrumentation
The power factor of a single phase load can be calculated if the instruments available are

One voltmeter, one ammeter and one wattmeter
One ammeter, one voltmeter and one energy meter
One voltmeter and one ammeter
Any of the listed here

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Measurement and Instrumentation
Potentiometer method of DC voltage measurement is more accurate than direct measurement using a voltmeter because

 It loads the circuit moderately.
 It loads the circuit to maximum extent.
 It uses centre zero galvanometer instead of voltmeter.
  It does not load the circuit at all.

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