When light of frequency f is incident on a metal surface that has a work function W, the maximum kinetic energy of the emitted electrons is given by:
KEmax=hf−ϕ
Note that this is the maximum possible kinetic energy because ϕ is the minimum energy necessary to liberate an electron.Increasing the frequency of the incident beam, keeping the number of incident photons fixed increases the maximum kinetic energy of the photoelectrons emitted.So, Statement-1 is False, Statement-2 is False.