Explanation:

Both the statements are correct. 

Total fertility rate (TFR) represents the number of children that would be born to a woman if she were to live to the end of her childbearing years.

TFR also represents the number of children that would be born to a woman if she were to bear children in accordance with the current age-specific fertility rates (ASFRs), which are the fertility rates for specific age groups of women.

So, both statements 1 and 2 are correct.