Not quite- if you want it to use your ruleset whose number is 1, change it to 1 for your zone(s).
If you want your zone(s) to use ruleset 2, set the number to 2.
Ruleset 0 is a special case:-
0 is the default ruleset that is defined in the EqEmu source code (so you don't have it in your database). The default values are in this table:-
http://wiki.eqemulator.org/p?Server_Rules&frm=Main
The default values are usually pretty sensible and close EQ live/PEQ as a standard.