Concept:
Plant hormones regulate growth, development, flowering, fruit ripening and other physiological processes.
Step 1: Identify gaseous plant hormone.
Ethylene is the only gaseous plant hormone among the commonly known plant hormones.
\[
\text{Ethylene} \rightarrow \text{gaseous hormone}
\]
Step 2: Function of ethylene.
Ethylene is mainly associated with fruit ripening, senescence and abscission.
\[
\text{Ethylene} \rightarrow \text{fruit ripening}
\]
Step 3: Compare with other hormones.
Auxin, gibberellin and cytokinin are not gaseous hormones.
\[
\therefore \text{Correct Answer is (C)}
\]