Russian revolution took place in two stages. The first stage occurred in the month of February in 1917. Hence, it is called the ‘February Revolution’. During this stage, the Czar was overthrown and a provisional government was formed under the leadership of middle class leaders like Kerensky. During the 2nd stage, called the October Revolution, Bolsheviks took over and Russia officially became Soviet Russia after this point. So, statement 1 is correct. Lenin was in exile in Switzerland at the time of February Revolution. Under his leadership, the Bolshevik Party took over the command of communist movement and overthrew the provisional government in a planned coup. So, statement 2 is also correct.
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