Q. Statement I The applied voltage (in forward bias of a junction) mostly drops across the depletion region and the voltage drop across the -side and -side of the junction is negligible.
Statement II Resistance of depletion region is large compared to resistance of or -side.

 1508  161 Semiconductor Electronics: Materials Devices and Simple Circuits Report Error

Solution:

As resistance of depletion region is large, potential drop occurs mainly in depletion region.