With reference to revenue collection by Cornwallis, consider the following statements:
1. Under the Ryotwari Settlement of revenue collection, the peasants were exempted from revenue payment in case of bad harvests or natural calamities.
2. Under the Permanent Settlement in Bengal, if the Zamindar failed to pay his revenues to the state, on or before the fixed date, he would be removed from his Zamindari.

Which of the statements given above is/are correct?

Correct Option: (b) 2 only

Statement-1 is incorrect because remission or exemption from revenue during natural calamities or bad harvests was a key characteristic of the Ryotwari system (where peasants dealt directly with the state), whereas under the Permanent Settlement, the state demand was fixed regardless of crop failure. Statement-2 is correct as under the Permanent Settlement, failure by a zamindar to pay revenue by sunset on the appointed date resulted in the auctioning of his zamindari.