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18th August 2014, 09:28 AM
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Join Date: Apr 2013
Re: ACET Entrance Test minimum cutoff

Actuarial Common Entrance Test is conducted by Institute of Actuaries of India in online mode across the country.

Exam pattern :
The exam comprises of two papers such as Mathematics and Statistics. There will be a total of 55 multiple choice objective type questions in the exam.
Of these 25 questions carry one mark each and next 25 questions carry 2 marks each.
Last 5 questions carry 5 marks each.
Candidates will be allotted 2 hours to answer all questions.
Maximum marks allotted for the exam is 100.
Half mark will be deducted for each wrong answer.

The duration of the test will be for two hours containing 55 questions of 100 marks.
The break-up of the of questions is as follows:
- 25 questions – 1 mark each
- 25 questions – 2 marks each
- 5 questions – 5 marks each

Candidates are allowed to use scientific calculators in this exam.

Syllabus for Actuarial Common Entrance Test
Detailed Syllabus for Mathematics
Mathematical Notation, Terminology and Methods
Numerical methods
Mathematical Constants and Standard Functions
Algebra
Calculus

Apart from these above mentioned topics, questions will be asked to check knowledge regarding Currency system of foreign countries, English Vocabulary etc.

Detailed syllabus for Statistics
Permutations and combinations
Statistical diagrams
Measures of location
Measures of spread
Probabilities
Discrete random variables
Continuous random variables
Discrete distributions
Continuous distributions
Correlation
Regression


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