Comprehension Passage

Rearrange the following six sentences (A),(B),(C),(D),(E) and (F) in a proper sequence to form a meaningful paragraph and answer the given questions. Sentence (F) is fixed to give a conclusion to the paragraph.

A: Financial literacy helps individuals become self-sufficient so that they can achieve financial stability. 

B: Financial literacy also involves the proficiency of financial principles and concepts such as financial planning, compound interest, managing debt, profitable savings techniques and the time value of money.

C: Those who understand the subject should be able to answer several questions about purchases, such as whether an item is required, whether it is affordable, and whether it an asset or a liability.

D:Financial literacy is the education and understanding of various financial areas including topics related to managing personal finance, money and investing. 

E: The lack of financial literacy may lead to making poor financial choices that can have negative consequences on the financial well-being of an individual.

F: Financial illiteracy affects all ages and all socioeconomic levels. 

What is the FIRST sentence after arrangement?

1
A
2
B
3
C
4
D
5
E

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