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What is lilo? How it is useful in linux?

Answer:

LILO (LInux LOader) is a boot loader (a small program that
manages a dual boot) for use with the Linux operating system.
Most of the new computers are shipped with boot loaders for
some version of Microsoft Windows or the Mac OS. If a
computer is to be used with Linux, a special boot loader must
be installed. LILO is the most popular boot loader among
users.

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