Not able to install any apps

Helloo,
  Yesterday i bought a new iphone 5s and i created an apple id today. But while installing apps getting error please find the below error. can anyone help me???
Regards,
Thouseef
<E-mail Edited by Host>

Use your Apple ID with the iTunes Store
Open the iTunes on your computer.
Choose Store > Sign In.
Enter your Apple ID and password and click Sign In.
Click Review when asked to review your information.
Enter your billing information.
Click Continue after you enter your credit card and billing information.

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