What is binomial nomenclature? List two advantages of naming organisms.

(N/A) Binomial nomenclature is a formal system of naming living organisms by giving them a two-part name consisting of a generic name (genus) and a specific epithet (species).
Advantages:
$(i)$ It provides a standardized and unique name for each organism,which helps in the systematic study of the wide range of living organisms across the globe.
$(ii)$ It helps in maintaining an accurate record of biodiversity,which is essential for the identification and classification of organisms.