Thanks every body for your replies.
1.Yes...it can be done with copy & paste but that requires you to shift your attention from what you are thinking(a musical idea) to the 'paste tool window' & that is a little hindrance to your focus.
2.Duplicate tool is not needed for loops because loops (groove clips) can be stretched as much as needed. And using midi for arrangement is not as flexible as arranging samples on an audio track especially for electronic music. Say, you need to add an extra reverb to nth number of kick, or stretch the nth number of snare for a special effect, or reverse just a particular sample, etc etc...
Duplicate tool is particularly useful when you arrange samples on the audio track itself (to form a 1 bar rythm) and then duplicate it , add some variation to some samples, then duplicate...add variation & so on. Thats's a different type of workflow used by many electronic musicians today. That's the reason 'Duplicate' tool is provided in many modern DAWs.