Questions

The  plant  growth  regulators  are small,  simple  molecules  of  diversechemical composition. They can be in   form   of   indole   compounds, adenine   derivatives,   carotenoids derivatives,terpenes  or  gases  like ethyleneetc.The   plant   growth regulators  are  bifurcated  into  two groups according to their functions in  a  living  plant  body.First  group of   plant   growth   regulators   are found   in   growth   activities,   for instance,  cell  division,  flowering, fruiting  and  seed  formation.The second   group   of   Plant   growth regulators   are   involved   in   plant responses  to  wounds  and  stresses of biotic and abiotic origin.

The life-cycle theory of consumption, popularly known as life-cycle hypothesis,' was developed by Ando and Modigliani" in the early 1960s.

The life-cycle hypothesis postulates that individual consumption in any time period depends on

(i) resources available to the individual,

(ii) the rate of return on his capital, and

(iii) the age of the individual.

The resources available to an individual consist of his existing net wealth and the present value of all his current and future labour incomes. According to the life-cycle hypothesis, a rational consumer plans consumption on the basis of all his resources and allocates his income to consumption over time so that he maximizes his total utility over his life time.