ACET Admit Card 2024 Download Actuarial Common Entrance Test Details

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  • ACET 2024 will be conducted on 4th May 2024 from 10 AM to 1 PM.
  • The Qualifying pass Mark is 50%. 
 

The Institute of Actuaries of India (IAI) will Organize the Actuarial Common Entrance Test (ACET)  2024 on 04 May 2024. The ACET 2024 will be conducted in only one slot: 10 a.m. to 1 p.m. The ACET Admit Card 2024 was released on 27 April 2024 on the official Website of IAI at actuariesindia.org.

ACET is the Exam Applicable to the candidates who plan to enroll as student members of the Institute of Actuaries of India and wish to take actuarial examinations. The Candidates who Applied for this Exam can Download the ACET Exam Hall ticket 2024 from the direct link below. 

ACET Exam Structure

ACET is a 3-hour, 100-mark online exam that has 70 multiple-choice questions with one correct answer for each question. There will not be any negative markings for incorrect answers. The pass mark for ACET Examination is 50%. 

ACET 2024 Important Dates

REGISTRATIONS START19 March 2024 at 8.00 PM
REGISTRATIONS CLOSE20 April 2024 up to 6.00 PM
DATE OF EXAM04 May 2024 – (10.00 am to 1.00 pm)
DATE OF RESULTS01 July 2024

ACET 2024 Exam Pattern

ACET Examination is conducted only in India. ACET result is valid for 3 years from the date of declaration of the exam result for taking student membership of IAI.

The ACET Exam consists of 70 Multiple-choice Questions. 45 questions are worth One Mark, 20 questions are worth two marks each, and 5 Questions are worth three Marks Each. The Exam will be divided into five Sections. The Marks distribution for each Section is given below. 

Section / TopicTotal Marks
(i) Mathematics30 marks.
(ii) Statistics30 marks.
(iii) Data Interpretation15 marks.
(iv) English15 marks.
(v) Logical Reasoning10 marks.

Important Links

Download ACET Admit Card 2024Click Here to login
ACET Official WebsiteClick Here

ACET 2024 Syllabus

ACET Exam will be conducted on 04 May 2024 at Selected Exam Centers in India. ACET will have five Topics and the Total 70 MCQa will be given for a maximum of 100 Marks with exam duration of 3 hours. Here are the Detailed Syllabus Topics for each Topic.

Section / TopicSyllabus
(i) Mathematics
  • Notation and standard functions
  • Numerical Methods
  • Algebra
  • Differentiation
  • Integration
  • Vectors
  • Matrices
(ii) Statistics
  • Permutations and combinations.
  • Types of data
    • Statistical diagrams, bar chart, histogram, dot plot, stem-and-leaf, boxplot.
  • Measures of location
    • mean, median, mode
  • Measures of spread
    • range, interquartile range, standard deviation, variance, Skewness
  • Probabilities
    • basic rules of probabilities
  • Advanced probabilities
    • tree diagrams, conditional probabilities
  • Discrete random variables
    • definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness
  • Continuous random variables
    • definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness
  • Discrete distributions
    • discrete uniform, Bernoulli, binomial, Poisson
  • Continuous distributions
    • continuous uniform, exponential, the normal distribution
  • Correlation
    • scatter plots, covariance, correlation coefficient
  • Regression
(iii) Data Interpretation

Data is given in form of tables, charts and graphs. In this section it is tested that how can you interpret the given data and answers the questions based on it.

  • Tables
  • Column Graphs
  • Bar Graphs
  • Line Charts
  • Pie Chart
  • Venn Diagrams
  • Caselets

Combination of two or more types linked to each other.

(iv) English
  • Vocabulary Based (Synonyms Antonyms)
  • English Usage or Grammar
  • Sentence Correction
  • Fill in the blanks
  • Cloze Passage
  • Analogies or Reverse Analogies
  • Jumbled Paragraph
  • Meaning-Usage Match
  • Summary Questions
  • Verbal Reasoning
  • Facts / Inferences / Judgements
  • Reading Comprehension
  • Vocabulary: Vocabulary questions test the candidate’s knowledge of the primary meanings of words, secondary shades of meaning, usage, idioms and phrases, antonyms, related words, etc.
  • Grammar: Grammar-based questions test the candidate’s ability to spot and correct grammatical errors. It should generally tests knowledge of high school level grammar and includes areas like subject-verb agreement, use of modifiers, parallel construction, redundancy, phrasal verbs, use of articles, prepositions, etc.
  • Verbal Reasoning: Verbal Reasoning questions are designed to test the candidate’s ability to identify relationships or patterns within groups of words or sentences.
(v) Logical Reasoning
  • Number and Letter Series
  • Calendars
  • Clocks
  • Cubes
  • Venn Diagrams
  • Binary Logic
  • Seating Arrangement
  • Logical Sequence
  • Logical Matching
  • Logical Connectives
  • Syllogism
  • Blood Relations

ACET Previous Year Question Papers PDF

Actuarial Common Entrance Test Previous Year Question Papers are given below with Answers. Practice them by Downloading in PDF format. 

Previous Question PaperIndicative Solutions (Answers)
December 2023December 2023
June 2023June 2023
March 2023March 2023
November 2022November 2022
June 2022June 2022
December 2021December 2021
March 2021March 2021
January 2021January 2021
October 2020October 2020
February 2020February 2020
September 2019September 2019
June 2019June 2019
December 2018December 2018
June 2018June 2018
January 2018January 2018
June 2017June 2017
April 2017April 2017
October 2016October 2016
May 2016May 2016
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