IMO one is enough, why does calloc require to split it into two arguments?
I'd guess that this is probably history and predates the times where C had prototypes for functions. At these times without a prototype the arguments basically had to be int, the typedef size_t probably wasn't even yet invented. But then INTMAX is the largest chunk you could allocate with malloc and splitting it up in two just gives you more flexibility and allows you to allocate really large arrays. Even at that times there were methods to obtain large pages from the system that where zeroed out by default, so efficiency was not so much a problem with calloc than for malloc.
Nowadays, with size_t and the function prototype at hand, this is just a daily reminder of the rich history of C.