Actuarial Common Entrance Test (ACET) 2017

Information about ACET

National Level Exam
  • ACET 2017
  • Eligibility
  • Exam Pattern
  • Actuarial Science
  • Syllabus
  • EXAM DATE
    Apr 1 2017 12:00AM - Apr 1 2017 12:00AM
  • APPLICATION FORM
    Jan 4 2017 12:00AM - Feb 28 2017 12:00AM
  • RESULT
    Apr 22 2017 12:00AM

ACET - FAQ's

Question: How frequently will the entrance exam be held? 

 Answer: The exam will be held at least twice in a year. Next Year it is in April & October 2017. Dates are already announced (ACET 12- 1st April 2017 & ACET 13 – 7th October 2017).

 

Question:  How much is the registration fee? 

Answer: The registration fee for the entrance exam is Rs. 3,000 (three thousand only). This covers the cost of the study material, the online exam and the online tutorial. The registration fee once paid is neither refundable nor can it be carried forward for the next ACET. You are therefore requested to make considered decision to take up the examination and only then register.


Question: What is the mode of examination? Is it online or offline?

 Answer: It is a computer based examination where the examinees have to be present at their chosen testing centre administered initially in 41 cities within India at 51 centers.

 

Question: What is the structure of Exam?

Answer: The exam will have multiple choice questions with one correct answer for each question. The exam will be conducted online at a pre-selected test center at a specified time on either one of the 2 days selected by you. The exam will be for two hours and the candidate would be presented 70 questions of 100 marks and the distribution of questions would be: 
        1. 45 questions – 1 mark each
        2. 20 questions – 2 marks each
        3. 05 questions – 3 marks each

 

Question: What is the eligibility criterion? 
 Answer: The only eligibility criterion is that the examinee must have passed 10+2 examination or an equivalent examination with English as one of the subjects at 10 + 2 level. Nevertheless, it is expected that many of those who are already in education at higher levels and also those working and having qualifications in mathematical subjects would take up     the examinations.

 

Question: How can I register for the exam? Please mention step by step process, if possible.

Answer: While registering kindly use Browsers, Mozilla Firefox, Google Chrome, Internet Explorer (7+ higher version).
 

 

Question:  How do I get my examination admit card?

Answer: 15 days after the last date of close of registrations, you will receive an email from ATTEST asking you to select your test centre, date (any one day) and time slot for the exam. You will need to print the admit card and carry it to the exam centre. Without which, you will not be able to appear for the exam. 
        PLEASE NOTE: THE BOOKING PROCESS FOR THE EXAM (DATE, TIME SLOT & CENTRE) IS ON FIRST COME FIRST SERVE BASIS AND NO CHANGE WILL BE ACCEPTED ONCE THE BOOKING HAS BEEN DONE. 

 

Question:  Is there any Negative Marking for wrong answers? 

 Answer: Yes, there would be negative marking for incorrect answers. The incorrect answer will deduct half of the weight age of marks e.g. for an incorrect answer to a 1 mark question 0.5 mark will be deducted and for an incorrect answer to the 5 marks question 2.5 marks will be deducted. 

Question:  Can we bring writing notepad to the exam center? 

Answer:  Yes, you can bring some blank sheets of paper to write. However, these sheets should be destroyed after the exam within the exam room itself. You are not allowed to carry any     paper from the exam room. No blank sheets would be provided at the exam venue. 

Question: When will the results be declared? 

 Answer: The results are normally declared within 21 days from the date of the exam. The results would be available on the IAI website. 

Question: I live outside India. Can I appear for the exam from outside India? 

 Answer: No, currently the exam is being offered only in cities within India. There is however, no restriction based on citizenship and/or residence for the exams to be taken from any one of the forty one centers. However, IAI will reject applications from Countries/Nationalities “alien” to India and any other Nationality/Country that IAI may consider it should not conduct its examinations for. The decision of IAI in this regard will be absolute and final. 
 

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