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What is the significance of Pentose Phosphate pathway?

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The significance of Pentose phosphate pathway are: 

(i) PPP constitutes an alternate pathway for the breakdown of carbohydrates in respiration. 

(ii) It produces ribose-5-phosphate, which is used in the synthesis of nucleic acid. 

(iii) Erythrose-4-phosphate produced in PPP is required for the synthesis of lignin, anthocyanin, IAA and a number of other compounds.

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