Statement 1: In market-oriented cultivation, especially where a single crop is grown, a fall in prices or a bad crop can spell financial ruin for farmers.
Statement 2: In most of the Green Revolution areas, farmers have switched from a mono-crop regime to a multi-crop system.

Only statement 1 is correct.

In market oriented cultivation, especially where a single crop is grown, a fall in prices or a bad crop can spell financial ruin for farmers. In most of the Green Revolution areas, farmers have switched from a multi-crop system, which allowed them to spread risks, to a mono-crop regime, which means that there is nothing to fall back on in case of crop failure.