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ACET

Actuarial Common Entrance Test 2021

Online Mode

ACET Basic Information

  • Application Fee:₹ 3,000
  • Examination Modes:Online Mode
  • Exam Conducting Body:Institute of Actuaries of India (IAI)

ACET 2021(27 March): Application Form, Eligibility, Exam Pattern

Updated On - March 04 2021 by Ganesh Wankhede

ACET 2021 i.e. Actuarial Common Entrance Test will be conducted on 27 March 2021 by the Institute of Actuaries of India. The exam is organized thrice a year for the interested candidate to make a carrier in Actuary. It is the national level exam. ACET is a computer-based test that will consist of Multiple Choice Questions(MCQ) type questions which a candidate needs to complete in the given duration. All the candidates are advised to read the complete article to know more about the ACET 2021 application form, Syllabus, pattern, etc.

Latest Updates:

  • ACET 2021 will be conducted on 27 March 2021 for the March session.
  • ACET 2021 Application Form has been released on 20 January 2021 and can be filled till 04 March 2021.
  • ACET 2021 Result will be declared on 03 April 2021.

ACET 2021 Important Dates

Candidates can check the important ACET exam registration 2021 dates from the below-given table:

ACET 2021 Important Dates
 EventsDates
Registration starts20 January 2021
Last date for registration04 March 2021
ACET 2021 exam date27 March 2021
Result date03 April 2021

ACET 2021 Application form

Institute of Actuaries of India (IAI) has released the ACET 2021 application form on 20 January 2021. Check the eligibility before applying to avoid rejection.

  • The last date to fill the ACET 2021 Application form online is 04 March 2021.
  • The candidate has to upload the photograph and signature as prescribed by the authority.
  • ACET 2021 Application Form fees have to be submitted to confirm the submission of the form.
  • The fee once paid will not be refunded. 
  • The candidate must take a print of the application form for further process.

ACET 2021 Application fee

The Registration fee for ACET 2021 was Rs 3000/-. Candidates can pay the ACET 2021 fee through Credit Card/Debit Card or by net banking.

ACET 2021 Eligibility Criteria 

The candidate must check the eligibility criteria before applying for the entrance exam. Given below the ACET 2021 Eligibility criteria in detail:

Qualification: Candidate must have passed 10+2 from any recognized university.
Age Limit: There was no specific age limit to apply for ACET.

ACET 2021 Exam Pattern

The candidate must be aware of the ACET 2021 Exam Pattern to get an idea about the exam. Given below the ACET Exam pattern in detail:

ACET 2021 Exam Pattern
Duration of the exam3hrs
ModeComputer-based Test(CBT)
Language of question paperEnglish
Types of QuestionsMultiple Choice Question(MCQ)
Total no of question70
Total Marks100
Marking SchemeThere will be no Negative Marking for wring Question

Section-wise distribution of Marks:

SectionsMarks
Section I (Mathematics, Statistics and Data Interpretation)75
Section II (English and Logical Reasoning)25

ACET 2021 Syllabus

The candidate must know the ACET 2021 syllabus to prepare well for the exam. Given below the ACET 2021 Syllabus in detail.

For Mathematics
  • Notation and Standard Functions
  • Numerical Methods
  • Algebra
  • Differentiation
  • Integration
  • Vectors
  • Matrices
For Statistics
  • Permutations and Combinations
  • Measures of Location
  • Measures of Spread
  • Probabilities
  • Advanced probabilities
  • Discrete random variables
  • Continuous random variables
  • Discrete distributions
  • Continuous distributions
  • Correlation
  • Regression
For English
  • Vocabulary Based (Synonyms Antonyms)
  • English Usage or Grammar
  • Sentence Correction
  • Fill in the blanks
  • Close Passage
  • Analogies or Reverse Analogies
  • Jumbled Paragraph
  • Meaning – Usage Match
  • Summary Questions
  • Verbal Reasoning
  • Facts/ Inferences/ Judgement
  • Reading Comprehension
Data Interpretation
  • Tables
  • Column
  • Graphs
  • Bar Graphs
  • Line Charts
  • Pie Charts
  • Venn Diagrams
For Logic
  • Number and Letter Series
  • Calendars
  • Clocks
  • Cubes
  • Venn Diagrams
  • Binary Logic
  • Seating Arrangement
  • Logical Sequence
  • Logical Matching
  • Logical Connectives
  • Syllogism
  • Blood Relations 

ACET 2021 Preparation Tips

Candidates can follow the given below ACET 2021 preparation tips to score well in the entrance exam.

  • Candidates must pay equal attention to all the topics which include sections like verbal, logical reasoning, and data interpretation along with maths and statistics.
  • The applicant must solve the mock paper provided by the IAI as it will help them in learning the type of questions and time management skills.
  • Candidates must practice sums at a regular interval of time.
  • Candidates must solve the previous year's question paper as it will help them to learn the pattern of the exam. 

ACET 2021 Admit Card

ACET 2021 Admit Card will be released on the official website. Candidates can check the admit card by entering the registration ID and Password on the official website. The candidate had to bring an Id proof along with them on the day of examination. In case of any discrepancy found on the admit card, contact the authority immediately. ACET hall ticket contains the following details:

  • Candidate's name
  • Address of the candidates
  • Exam date
  • exam time
  • Address of the test center 

ACET 2021 Exam Centres

Candidates can check the list of exam centers for ACET 2021 May exam below in the given table:

ACET 2021 Exam Centres
MumbaiDelhi
KolkataBangalore
GurgaonChennai
PuneHyderabad
JaipurAhmedabad
GuwahatiRaipur
LucknowChandigarh
IndoreNagpur
RanchiKochi
BhubhaneshwarDehradun
PatnaVizag
CoimbatoreSurat

ACET 2021 Result

Authority will be declared the ACET Result 2021 on 03 April 2021. The candidate has to login using a registration ID and Password to check the result. Candidate must take print of the Result for further process. The qualified candidate will be called for the Admission process.

ACET 2021 Highlights

The candidate can check the vital points regarding ACET 2021 from the below-given table:

ACET 2021 Basic Details
Exam NameACET 2021(Actuarial Common Entrance Test)
Conducting BodyInstitute of Actuaries of India (IAI)
Websitehttps://www.actuariesindia.org/index.aspx
PurposeTo make carrier in Actuary

Institute of Actuaries of India

IAI is a statutory body established under The Actuaries Act 2006 (35 of 2006) for the regulation of the profession of Actuaries in India. The provisions of the said Act have come into force from the 10th day of November 2006, in terms of the notification dated 8th November 2006, issued by the Government of India in the Ministry of Finance, Department of Economic Affairs. As a consequence of this, the erstwhile Actuarial Society of India was dissolved and all the Assets and Liabilities of the Actuarial Society of India were transferred to and vested in, the Institute of Actuaries of India constituted under Section 3 of the Actuaries Act, 2006.

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ACET Important Dates

TitleDates
Exam Date09 Jan 2021
Form Date23 Oct - 15 Dec 2020
Result15 Jan 2021

Actuarial Common Entrance Test 2021 Exam Pattern

Paper 1
Exam Duration:

3 hours

Total Marks:

---

Question Paper Type :

Multiple Choice Questions

Negative Marking:

No

S.No
Subjects
Questions
Marks
Total
1------------

Frequently Asked Questions

Comments

Form Start Date:

23 Oct 2020

Form End Date:

15 Dec 2020

The last date to submit the form was on 15 Dec 2020
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