Let's analyze the matching of each formula with its correct description:
- (P) Horton equation: This equation is used to model infiltration, so it corresponds to (IV) Infiltration.
- (Q) Penman method: This method is used for estimating evapotranspiration, so it corresponds to (III) Evapotranspiration.
- (R) Chezy’s formula: This formula is used to calculate the flow velocity in open channels, so it corresponds to (V) Flow velocity.
- (S) Lacey’s theory: This theory is used for the design of alluvial channels, so it corresponds to (I) Design of alluvial channel.
- (T) Dicken’s formula: This formula is used for calculating maximum flood discharge, so it corresponds to (II) Maximum flood discharge.
Thus, the correct combination is (A).