Table of Contents
ACET exam pattern 2024 is decided by the Institute of Actuaries of India (IAI). Candidates must answer 70 multiple-choice questions in 3 hours. Candidates studying for the exam should be conversant with the ACET 2024 exam pattern.
The exam pattern of ACET 2024 includes information such as the exam method, the number and type of questions given, the marking scheme, total marks, time duration, and other details. ACET 2024 passing criteria are the minimum marks required for students to qualify for the exam. To be qualified, candidates must get at least 50% on the ACET exam.
ACET Exam Pattern 2024
ACET exam pattern 2024 is prescribed by the IAI on the official website. The exam pattern will help students prepare more effectively. Applicants must check the highlights related to the ACET 2024 shared below for reference.
| Particulars | Details |
| Exam Duration | 180 minutes |
| Exam Mode | Home-Based Online |
| Total Marks | 100 |
| Total Number of Questions | 70 |
|
Total Sections |
5 |
| Question Types | Multiple Choice Questions (MCQs) |
ACET 2024 Section-Wise Exam Pattern
The candidates must know that the ACET 2024 exam pattern has five major subjects, and the four subjects are accommodated in two major sections of the ACET exam. ACET section-wise marks distribution for different subjects is listed below:
- Section I- Mathematics, Statistics, and Data Interpretation.
- Section II- English and Logical Reasoning.
|
ACET Exam Sections |
Marks Allotment |
Weightage |
|
Mathematics |
30 marks |
55% |
|
Statistics |
30 marks |
55% |
|
Data Interpretation |
15 marks |
55% |
|
English |
15 marks |
45% |
|
Logical Reasoning |
10 marks |
45% |
|
Total |
100 marks |
|
ACET Paper Marking Scheme 2024
The ACET exam pattern 2024 consists of 70 questions that are divided into three different sections. The 100 marks of the ACET 2024 exam are divided into two sections.
Section I ( Mathematics, Statistics, and Data Interpretation) is 75 marks, and section II (English and Logical Reasoning) is 25 questions. Every section has a specific number of questions, and the marking scheme of every section is also different.
Candidates can understand the ACET marks distribution of questions from the table given below.
| Number of Questions | Marks Allotted |
Maximum Marks |
| 45 Questions | +1 |
45 |
| 20 Questions | +2 |
40 |
| 5 Questions | +3 |
15 |
| 70 | - |
100 |
ACET 2024 Passing Criteria
ACET 2024 Passing Criteria are the minimum marks an applicant needs to pass the exam. According to the IAI official website, candidates must obtain at least 50% in ACET passing criteria. Candidates who score less than 50% will be disqualified and will have to retake the ACET exam in the next session.
Scientific Calculator: Scientific calculators are allowed in ACET 2024 exam. Calculators that are permitted in the exam are.
- Casio FX82 (ES/MS) (with or without any suffix)
- Casio FX83 (ES/MS) (with or without any suffix)
- Casio FX85 (ES/MS) (with or without any suffix)
- Sharp EL531 (with or without any prefix or suffix)
- Texas Instruments BA II Plus (with or without any suffix)
- Texas Instruments TI-30 (with or without any suffix)
- Hewlett Packard HP12c (with or without any suffix)
Note: No other calculator model is allowed in the exam. Casio FX82 (ES/MS), Texas Instruments BA II Plus, and Texas Instruments TI-30 are available in India from this list.
ACET 2024 Reference Books
The candidates preparing for the ACET 2024 exam must refer to books for concept clarification. The candidates should at least refer to more than 2 books to cover more topics as one book may not contain all the syllabus topics. Candidates can go through the list of books available on the IAI website as a list of reference books. Find below the list of reference books.
| Book Title | Authors/ Editors/ Publishers |
| TOMATO ( Test of Mathematics at Ten plus Two-Level) | ISI |
| How to Prepare for Verbal Ability and Reading Comprehension for CAT. | Arun Sharma and Meenakshi Upadhyay, McGraw Hill |
| How to Prepare for Qualitative Aptitude for the CAT. | Arun Sharma |
| Quantitative Aptitude for Competitive Examinations | Abhijeet Guha |
| The Pearson and Guide to Verbal and Logical Reasoning for the CAT | Nishit K. Sinha |
| Quantitative Aptitude for MBA Entrance Examination | R.S. Aggarwal |
| High School English Grammar and Composition | Wren and Martin |
| Word Power Made Easy | Norman Lewis |
| Problem-Solving Strategies | Arthur Engel |
| Challenges and Thrill of Pre-College Mathematics | New Age International Publishers |
| Challenging Mathematical Problems with Elementary Solutions | A.M Yaglom and I.M Yaglom |
| An Excursion in Mathematics | M.R Modak, S.A. Katre, V.V. Acharya, V.M. Sholapurkar |
| Problems Primer for the Olympiad | C R Pranesachar, B J Venkatachala, C S Yogananda |
| ACTED Study Material | FAC and STATSPACK |
| Trishna’s Data Interpretation and Logical Reasoning for the CAT and other MBA Entrance Examinations | - |
ACET Syllabus 2024
The Institute of Actuaries of India (IAI) publishes the ACET syllabus on its website. Candidates should familiarize themselves with the most recent syllabus for preparation purposes. ACET syllabus contains information about the weightage and subtopics covered in the exam. ACET exam 2024 will comprise questions on topics covered in the syllabus.
The ACET 2024 syllabus comprises five subjects of study: Mathematics, English, Statistics, Data Interpretation, and Logical Reasoning. The categories of Mathematics and Statistics have the highest total number of points. To prepare for ACET 2024, candidates must study all the topics thoroughly.
FAQs on ACET Exam Pattern
Q: What is the exam pattern of ACET exam?
A: One right answer is provided for each of the 70 multiple-choice questions in the three-hour, 100-point ACET online exam. This is how the questions will be distributed: (i) 45 questions for one mark each. (20 questions) with a 2-mark maximum.
Q: What are the ACET 2024 Passing Criteria?
A: The ACET passing criteria 2024 is 50% of the possible marks or 50 marks. The ACET exam has a total score of 100.
Q: How many ACET section-wise marks distribution papers are there in ACET exam?
A: The 100 marks of the ACET 2024 exam are divided into two sections. Section I ( Mathematics, Statistics, and Data Interpretation) is 75 marks, and section II (English and Logical Reasoning) is 25 questions.
Q: Is there any negative marking in ACET exam pattern 2024?
A: No, there is no negative marking in the ACET exam pattern 2024.
Q: How many subjects are there in ACET exam?
A: The five subjects of mathematics, English, Statistics, Logical Reasoning, and data interpretation will all be covered in the questions. The maximum score on the ACET 2024 is obtained in the Mathematics and Statistics section.
Q: How many times ACET exam is conducted in a year?
A: The national-level ACET admission exam is administered by IAI twice a year.
Q: What is the mode in ACET 2024 exam pattern?
A: ACET exam pattern mentions that the exam will be conducted in CBT mode or online.
Q: What is the qualifying mark for the ACET Examination?
A: ACET has no sectional cut-offs on the ACET 2024 paper. For the exam, candidates must receive a minimum of 50%.
Q: Can a Candidate take more than one attempt in the ACET 2024 exam?
A: Yes, rejected applicants are permitted to reapply for the ACET 2024 session. To appear for the same, they must register themselves once more and pay the registration fee of INR 3000.
