<prompt> Products of Phospholipase C are ?Inositol and diacylglycerolInositol triphosphate and DiacylglycerolLysophospholipid and fattyacidPhosphatidate and IP2  <response>: Ans. is B i.e., Inositol triphosphate and DiacylglycerolIP3 or Inositol triphosphate and DAG or Diacyl glycerol are second messengers formed from Phosphatidyl inositol diphosphate PIP2 by the action of Phospholipase C.Activation of phospholipase by stimulatory G protein hydrolyses the membrane phospholipid phosphatidyl inositol 4, 5 bisphosphate PIP2 to generate the second messenger inositol 1, 4, 5 - triphosphate IP and diacylglycerol DAG. 