The correct option is B Statement 1 is correct but statement 2 is incorrect.
Ethylene is a gaseous hormone. It aids in ripening of climacteric fruits and dehiscence of dry fruits. Climacteric fruits are the fleshy fruits which show a sudden sharp rise of respiration rate at the time of ripening (respiratory climacteric). They are usually transported in green or unripe stage. Ethylene is used to induce artificial ripening of these fruits e.g., Apple, Mango, Banana, etc.