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ACET 2023 Complete solution uploaded with detailed explanation with important questions


ACET 2023 Complete Solution

The Actuarial Common Entrance Test (ACET) is necessary for aspirants who are planning to pursue their careers as actuaries and wish to enroll themselves as a student member of the Institute of Actuaries of India (IAI). This exam is 100 marks, and its duration is 3 hours. The ACET exams is conducted twice a year, in June and December.Institute of Actuaries of India conducts the ACET (Actuarial Common Entrance Test). The ACET exam is held three times a year. ACET is a university-level exam conducted in order to provide admission to Actuarial programs at Indian institutions. ACET result is valid for 3 years from the declaration date for taking students' membership of IAI. Candidates who are seeking to apply for admission to Actuarial programs should take the ACET exam. ACET is a university-level exam conducted in order to provide admission to Actuarial programs at Indian institutions. ACET result is valid for 3 years from the declaration date for taking students' membership of IAI.


The “Actuarial Common Entrance Test” (ACET) is an entrance exam for those who want to join as student members of the Institute of Actuaries of India (IAI) and plan to take & qualify in the various actuarial examinations conducted by the IAI. If you’re already a member of the IAI, you are not required to take this entry exam and can continue to appear for the various actuarial examinations.

ACET is a computer based exam that will be conducted twice every year – in the months of June and December.

ACET is a 2 hour exam and consists of multiple choice questions (MCQs) with one correct option for every question. Incorrect answers will result in negative marking worth half the marks. There will be 55 questions in total worth 100 marks.



ACET 2023 preparation tips and tricks

Candidates appearing for the ACET 2023 exam can refer to the preparation tips below. Prepare ACET study plan

  • Applicants are advised to first prepare a a study plan and follow it on regular basis.

  • With a proper study schedule, candidates will have a clear idea of how much time you should spend on each topic.

Getting the basics right

  • Keep your basic concepts practiced well as it will help you in understanding the typical/hard topics.

  • Learn all the formulas in advance to avoid last-minute stress as they are an essential part of the ACET 2023 preparation.

Prepare short notes

  • Candidates are advised to make small notes on each chapter (either topic wise or difficulty wise).

  • Make a separate notebook for the ACET 2023 exam preparation to avoid confusion.

Seek guidance

  • Always clear your doubts at regular intervals and seek guidance from an expert.

  • You can also take help from renowned YouTube channels.

Solve ACET sample papers & mock tests

  • Candidates are advised to solve ACET previous year question papers as this will give you an idea about the question pattern.

  • Taking ACET mock test is very essential while preparing for any entrance exam.

Time Management

  • Time management will play a crucial role that can either make or break your performance





ACET 2023 complete solution with detailed answers for the Questions 26, 27, 28, 29, 30


ACET 2023 complete solution with detailed answers for the Questions 66, 67, 68, 69, 70


ACET 2023 Complete solution with detailed answers and explanation for Questions- 63,64, 65



ACET 2023 Complete solution with detailed explanation for Question- 59, 60, 61, 62


ACET 2023 Full solution with detailed explanation JUNE for Question- 11,12, 13, 14, 15



ACET 2023 Complete solution with detailed answers for questions 6, 7, 8, 9, 10



ACET 2023 Complete solution with detailed answers for questions 21, 22, 23, 24, 25



ACET 2023 Complete solution with detailed answers with the Question 1, 2, 3, 4, 5




ACET 2023 Complete solution with detailed answers for questions 16, 17, 18, 19, 20



ACET 2023 Complete solution with detailed answers for questions 52, 53, 54, 55, 56, 57, 58












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