According to the docs:

The expression x and y first evaluates x; if x is false, its value is returned; otherwise, y is evaluated and the resulting value is returned.

The expression x or y first evaluates x; if x is true, its value is returned; otherwise, y is evaluated and the resulting value is returned.

So, True and 0 or 1 evaluates the first argument of the and operator, which is True. Then it returns the second argument, which is 0.

Since the True and 0 returns false value, the or operator returns the second argument (i.e. 1)