Step 1: Understanding Wobble hypothesis.
The Wobble hypothesis explains the degeneracy of the genetic code. It states that the third base of a codon can be variable (wobble), allowing for multiple codons to code for the same amino acid.
Step 2: Analyzing the options.
(A) polarity of DNA molecule: Incorrect, the Wobble hypothesis does not explain the polarity of DNA molecules.
(B) synthesis of protein: Incorrect, the Wobble hypothesis is related to codon-anticodon pairing, not protein synthesis.
(C) degeneracy of genetic code: Correct, the Wobble hypothesis explains how multiple codons can code for the same amino acid, leading to degeneracy in the genetic code.
(D) triplets of nucleotides: Incorrect, the Wobble hypothesis deals with the flexibility in codon-anticodon pairing rather than the concept of triplet codons themselves.
Step 3: Conclusion.
The correct answer is (C) degeneracy of genetic code, as the Wobble hypothesis addresses this concept.