Some of the significance of meiosis are:
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It maintains the constancy of chromosome number.
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It produces four haploid cells which are genetically different.
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It also helps in the segregation and independent assortment of genes.
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It creates the genetic shuffling.
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It creates genetic variation in gametes which can produce a new organism.
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The daughter cells formed as a result of meiosis have both the paternal and maternal characters.