ACET (Actuarial Common Entrance Test) Exam Details (Past Year Solutions ACET 2024)
- SOURAV DAS
- Feb 24
- 2 min read
ACET (Actuarial Common Entrance Test) is the entry-level exam for students who want to join the Institute of Actuaries of India (IAI) and start their actuarial journey.
Once you clear ACET, you can register as a student member of IAI and start taking the core actuarial exams.
Who Can Apply?
✅ Anyone who has passed 12th (or equivalent) with Mathematics as a subject
✅ College students & graduates from any stream (Commerce, Science, Engineering, etc.)
✅ Working professionals looking to switch to the actuarial field
Exam Pattern & Syllabus
Mode: Online (home-based proctored exam)
Duration: 3 hours
Total Marks: 100
Number of Questions: 55
Negative Marking: No negative marking 🚀
Marks Distribution:
📌 45 Questions × 1 Mark = 45 Marks
📌 05 Questions × 2 Marks = 10 Marks
📌 05 Questions × 3 Marks = 15 Marks
📌 Total = 100 Marks
ACET 2024
PREVIOUS YEAR PAPER SOLUTION
Syllabus Breakdown
1️⃣ Mathematics (30%) – Algebra, Differentiation, Integration, Matrices, Logarithms
2️⃣ Statistics (30%) – Mean, Median, Mode, Probability, Regression, Distributions
3️⃣ Data Interpretation (15%) – Graphs, Charts, and Tables-based questions
4️⃣ English (15%) – Reading Comprehension, Grammar, Sentence Correction
5️⃣ Logical Reasoning (10%) – Puzzles, Patterns, Number & Letter Series
Passing Criteria
The passing marks keep varying, but it’s usually around 50% (50 out of 100)
Since there’s no negative marking, attempt all questions!
Exam Frequency & Registration
📅 ACET is conducted 3 times a year – usually in March, June, and December
💰 Exam Fee: ₹3,000 (includes study material from IAI)
📝 Registration: Through the official IAI website (www.actuariesindia.org)
Preparation Tips
✅ Focus on Statistics & Probability – This is the trickiest section for most students
✅ Solve past papers & mock tests – ACET repeats similar patterns every year
✅ Improve speed – 3 hours might seem long, but time management is key
✅ Use the right study material – Books like B.S. Grewal (Maths) & John Freund (Stats) help a lot
✅ Consider coaching for structured prep – If you want guidance, Dr. Sourav Sir’s Classes is one of the best coaching options for ACET prep 🚀
What Happens After ACET?
Once you clear ACET, you can register as a student member with the IAI and start taking the Core Principles exams (CS1, CM1, CB1, etc.), which are the first step toward becoming a qualified actuary.
ACET isn’t too tough, but it’s not a cakewalk either—especially if you’re not comfortable with math & stats. With the right preparation strategy, clearing ACET is totally doable
invro mining invro mining
golden mining golden mining
opto miner opto miner
EarnMining EarnMining
ri mining ri mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
invro mining invro mining
golden mining golden mining
opto miner opto miner
EarnMining EarnMining
ri mining ri mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
invro mining invro mining
golden mining golden mining
opto miner opto miner
EarnMining EarnMining
ri mining ri mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
come mining come mining
If you’re thinking, “I wish I could pay someone to write my essay,” you absolutely can. PayForEssay provides professional help with everything from simple essays to full dissertations. They even have specialists for specific fields. I got a well-crafted Philosophy essay last week.