Which of the following statements is correct?

Statement 01: World Trade Organisation (WTO) was set up in 1995 as the successor to the General Agreement on Trade and Tariffs (GATT) created after the Second World War.
Statement 02: The World Bank was created immediately after the First World War in 1918.

Only Statement 01 is true

The IMF and the World Bank were created in July 1944 at an international conference in the United States.  the World Bank officially began operations in June 1946.