What is the purpose of using the useQuery hook provided by Apollo Client in a React application?

To create reusable UI components.
To define routing in the application.
To handle asynchronous data fetching and caching.
To manage component state.

The useQuery hook provided by Apollo Client in a React application is used to handle asynchronous data fetching and caching. It simplifies the process of making GraphQL queries in React components, managing loading states, and caching the data for optimal performance. While managing component state, defining routing, and creating reusable UI components are important in React, they are not the primary purpose of the useQuery hook.

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