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'If it be' is in the subjunctive mood, whereas 'if it is' is in the indicative mood. They convey the same meaning, but the indicative would generally be used in informal everyday speech or writing, while the subjunctive would be used in very formal circumstances. For example:

'If it is raining tomorrow, I shan't go for a walk.'

'If it be your wish that I depart, I shall of course do so.'

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14y ago

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