SSC CGL Exam > SSC CGL Notes > General Awareness for SSC CGL > Mnemonics : Supply
Mnemonics : Supply | General Awareness for SSC CGL PDF Download
1. Factors Influencing Individual Supply
Mnemonic: “PPT-UPO”
Mnemonic Explanation:
- P → Price of the commodity
- P → Price of factors of production
- T → Technology
- U → Unit tax
- P → Price of other goods
- O → Objective of the firm
2. Factors Influencing Market Supply
Mnemonic: “PPT-UPO-NFM”
Mnemonic Explanation:
- P → Price of the commodity
- P → Price of factors of production
- T → Technology
- U → Unit tax
- P → Price of other goods
- O → Objective of the firm
- N → Number of firms
- F → Future expectations
- M → Means of transport & communication
3. Supply Function Variables (Sx = f(Px, P0, Pf, St, T, O))
Mnemonic: “POP-STO”
Mnemonic Explanation:
- P → Price of the commodity (Px)
- O → Price of other goods (P0)
- P → Price of factors of production (Pf)
- S → State of technology (St)
- T → Taxation policy (T)
- O → Objective of the firm (O)
4. Key Determinants of Supply
Mnemonic: “OCT-GMENP”
Mnemonic Explanation:
- O → Organisational objectives
- C → Cost of production factors
- T → Technology
- G → Government policies
- M → Market expectations
- E → Environmental conditions
- N → Number of producers
- P → Price of the commodity
5. Law of Supply
Mnemonic: “P↑ → S↑”
Mnemonic Explanation:
- P → When Price rises
- S → Supply also rises
- Shows a direct relationship (other factors constant)
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FAQs on Mnemonics : Supply - General Awareness for SSC CGL
| 1. What is the SSC CGL exam and what does it aim to assess? |  |
Ans. The SSC CGL (Staff Selection Commission Combined Graduate Level) exam is a competitive examination conducted in India to recruit staff for various posts in Ministries, Departments, and Organizations of the Government of India. It aims to assess candidates' abilities in areas such as quantitative aptitude, reasoning, general awareness, and English comprehension, which are essential for administrative and clerical roles.
| 2. What are the eligibility criteria for appearing in the SSC CGL exam? | |
Ans. The eligibility criteria for the SSC CGL exam generally include the following: candidates must be graduates from a recognized university, with a minimum age limit usually set around 18 years and a maximum age limit varying by post. Additionally, specific posts may have additional educational qualifications or experience requirements.
| 3. How is the SSC CGL exam structured in terms of stages? | |
Ans. The SSC CGL exam is typically structured in multiple stages, including Tier-I, Tier-II, and sometimes Tier-III and Tier-IV. Tier-I usually consists of objective-type questions, while Tier-II is more focused on advanced quantitative skills and English language proficiency. Tier-III often requires descriptive writing, and Tier-IV may include skill tests or computer proficiency tests for certain posts.
| 4. What topics are generally covered in the SSC CGL syllabus? | |
Ans. The SSC CGL syllabus covers a range of topics, including but not limited to: General Intelligence and Reasoning, General Awareness, Quantitative Aptitude (which includes arithmetic, geometry, and data interpretation), and English Comprehension. Candidates should also be familiar with current affairs and basic computer knowledge for certain sections of the exam.
| 5. What are some effective study strategies for preparing for the SSC CGL exam? | |
Ans. Effective study strategies for the SSC CGL exam include creating a structured study plan that allocates time for each subject, practicing previous years' question papers and mock tests to enhance time management and accuracy, focusing on weak areas, and regularly revising key concepts. Utilizing study materials and resources such as online courses, books, and coaching can also be beneficial.
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Oct 06, 2025
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The notes and questions for Mnemonics : Supply have been prepared according to the SSC CGL exam syllabus. Information about Mnemonics : Supply covers topics
like 1. Factors Influencing Individual Supply, 2. Factors Influencing Market Supply, 3. Supply Function Variables (Sx = f(Px, P0, Pf, St, T, O)), 4. Key Determinants of Supply, 5. Law of Supply and Mnemonics : Supply Example, for SSC CGL 2025 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Mnemonics : Supply.
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