Explanation:

Lagrange points

• Lagrange points are positions in space where objects sent there tend to stay put. At Lagrange points, the gravitational pull of two large masses precisely equals the centripetal force required for a small object to move with them.

Significance

• These points in space can be used by spacecraft to reduce fuel consumption needed to remain in position.
• The L1 point of the Earth-Sun system affords an uninterrupted view of the sun. The major advantage of such a placement is that it would allow the satellite to continuously view the Sun without any occultation/ eclipses.

Hence both statements are correct.