Institute of Actuaries of India

Sample Questions - ACET 2016

Mathematics
1. If the range of a function is a singleton set, then it is
a)
b)
c)
d)

an identity function
a one to one function
a constant function
a bijective function.

1mark

2. The Maclaurin series of sin x is

a)
b)
c)
d)

1mark

3. A plant reaches the height of 5 cm in 7 days and 10 cm in 17 days. By using linear

interpolation, the approximate height of the plant in 15 days is
a)
b)
c)
d)

6.0 cm
7.5 cm
8.8 cm
9.0 cm

4. If
and are the roots of
statements is incorrect. Which one is it?

1mark
then one of the following

a)
b)
c)
d)

2 marks

5. The roots of the quadratic polynomial

a)
b)
c)
d)

-4,-5
-4,5
9,20
4,5

are

1 mark

6. If

and

, then

is equal to

a) sin
b) cos
c) cot
d) tan
7.

2 marks
ose

is

a) 0
b) 1
c)
d)
8. If
a) (b)
c)
d)

3 marks
and

3 marks

9. The curve
a)
b)
c)
d)

has a point of inflexion at

.Then

2 marks.

10. The value of

a)
b)
c)
d)

is equal to

11. The value of

is equal to

a)
b)
c)
d)

is real, then f is increasing in the interval

1 mark

1 mark

12. The value of

; m positive integer is

a)
b)
c)
3 marks

d)

13. If A=

, then A2 is equal to

a)
b)
c) 0
d)

1 mark

14. The inverse of the matrix

is

a)
b)
c)
d)

1 mark

15. The angle between the vectors

a)
b)
c)
d)

450
600
900
1350

and - +

is

2 marks

Statistics
16. The value of
a)
b)
c)
d)

is

30
31
32
20

1 mark

17. The mean of consecutive positive integers from 2 to n is

a)
b)
c)
d)

1 mark

18. The interquartile range of the following numbers is

1, 6, 7, 3, 5, 9, 15, 12, 27, 18, 19
a)
b)
c)
d)

9
13
11.5
18

19. If

and

a)
b)
c)
d)

5/7
1/10
1/3
0

1 mark
are independent events such that
then the value of is

and

1 mark

20. A random variable X has the following discrete probability distribution.

0

The mean of X is
a) 1
b) 31/30
c) 6/5
d) 3/2
21. The pdf of a continuous random variable X is given by

1 mark

; -

The value of k is
a)
b) 0
c)
d)

2 marks

22. For a Poisson distribution, it is given that

of the distribution is
a) 6
b) 36
c)
d) 4

. The variance

2 marks

23. Which of the following distributions is certainly not appropriate for modeling the
annual number of claims arising from a group insurance policy of ten workers?
a) Binomial distribution
b) Poisson distribution
c) Normal distribution
d) Geometric distribution
1 mark
24. An insurance company has insured 2000 scooter drivers, 4000 car drivers and
6000 truck drivers. Each driver drives only one vehicle, and has the same chance
of making an accident. The company has learnt that one of these insured drivers
has crashed against a wall and that the vehicle involved was not a truck. What is
the probability that the vehicle was a car?
a)
b)
c)
d)
1mark
25. The joint probability mass function of X and Y is given in the following table.
X

0
1

3/20
7/20

Y
6/20
4/20

The Covariance between X and Y is

a)
b)
c)
d)

2 marks

26. While fitting a regression line Y on X and also of X on Y, a student computed

and
The sample correlation coefficient between X and Y is
a)
b)
c)
d)

2 marks

Data Interpretation
Questions 27 to 33 are based on the Chart given below.
400
345

350
300
250
201

Net Profit

Crores 200

Turnover

132

150

106

100
42

30

50
1

28

43

65

0
1995-96

1996-97

1997-98

All figures in crore

1998-99

1999-00

2000-01

Cost = Turnover Net profit

27. In which year is the ratio of net profit to turn over the maximum?
a) 1997-98
b) 1998-99
c) 1999-00
d) 2000-01
28. In which year is the cost the maximum?
a) 1997-98
b) 1998-99
c) 1999-00
d) 2000-01

2 marks

1 mark

29. Cost over turnover is known as cost percentage. For which year is the cost
percentage maximum?

a)
b)
c)
d)

1997-98
1998-99
1999-00
2000-01

1 mark

30. If the percentage rise in turnover in 2001-02 over 2000-01 is the same as the
percentage rise in 2000-01 over 1999-00 with the net profit in 2001-02 being the
same as in 2000-01, then what will be the cost in 2001-02?
a)
b)
c)
d)

524
525
526
527

1 mark

31. Using the data given in the above question, what percentage of the turnover is
the cost in 2001-02?
a) 88%
b) 89%
c) 90%
d) 91%
1 mark
32. For how many years is the turnover as a percentage of net profit more than 700
per cent?
a)
b)
c)
d)

2
3
4
5

2 marks

33. Which year witnessed the highest turnover percentage increase over the
previous year?
a)
b)
c)
d)

2000-01
1999-00
1998-99
1997-98

1 mark

Questions 34 to 38 are based on the information provided in the following table.

Past Users
( Number
of People)

Present and Past Users of Different Toilet Soaps

Present Users ( Number of People)
Lux
Liril
Dove
Nivea
No Soap Usage
Lux
200
65
100
70
55
Liril
50
280
60
70
40
Dove
80
55
80
25
0
Nivea
140
40
0
50
40
No Soap
Usage
200
25
0
40
190
670 465
240
255
325

490
500
240
270
455
1955

34. If from the present users, the total soap usage increases by 20% and Lux users
increase by 25%, approximately what percent of the soap using market would be
Lux users?
a) 41.8%
b) 42.8%
c) 43.8%
d) 44.8%
1 mark
35. If a soap user uses 1.5 kgs of soap a month on the average, what is the present
soap usage amongst the soap-users surveyed?
a)
b)
c)
d)

2.2 tonnes/month
2.25 tonnes/month
2.445 tonnes/month
Cannot be determined

1 mark

36. What is the decrease in the usage of Liril as a percentage of the total present
soap users from the sample population?
a) 2.10%
b) 2.15%
c) No change
d) 2.20%
2 marks

37. If a new brand Palmolive is introduced into the market, and the brand shift to
Palmolive from the present users is Lux 10%, Liril 10%, Dove 8% and Nivea 6%,
how many users will Palmolive have?

a)
b)
c)
d)

148
158
168
178

1 mark

38. Which of the following pie charts correctly represents the share of different
brands amongst the present soap users surveyed?
Lux
Liril
Dove
Nivea
No soap uasge

a)
Lux
Liril
Dove
Nivea
No soap uasge

b)
Lux
Liril
Dove
Nivea
No soap uasge

c)
Lux
Liril
Dove
Nivea
No soap uasge

d)

1 mark

English
39. The politician has been told he will have to pay the fine _____ his influential
position.
a) even if
b) although
c) against
d) despite
1 mark
40. Find out the part which contains an error.
a) hardly had we settled down
b) startled on the loud noise being made outside the house
c) for the night's rest when we were
d) one hour ought to be enough time
1 mark
41. Fill the blank in the following sentence.
The scientist had copied the paper word _______ word.
a)
b)
c)
d)

by
in
for
from

1 mark

42. One word for Without payment is

a) Gratis
b) Hedonist
c) Stoic
d) Precious

1 mark

43. A synonym for Congenital is

a) Unhygienic
b) Indigenous
c) Suitable
d) Unsuitable

1 mark

44. Fill the blank in the following sentence.

It's a long walk tomorrow. We need to ___________ as early as possible.
a)
b)
c)
d)

set up
set in
set off
set about

1 mark

45. Fill the blank in the following sentence.

Often, we don't enjoy the ________ pleasures of life such as a beautiful sky, a
cup of tea with a friend or seeing a good film at the cinema.
a) sheer
b) simple
c) deep
d) plain
1 mark
46. Find out the alternative whi h will repla e ?
Fear : Threat :: Anger : ?
a)
b)
c)
d)

Compulsion
Terror
Provocation
Force

1 mark

47. Find out the alternative whi h will repla e ?

Tractor : Trailer :: Horse : ?
a)
b)
c)
d)

Stable
Saddle
Engine
Cart

48. Choose the word which is least like the other words.
a) Deck
b) Quay
c) Stern
d) Bow

1 mark

1 mark

49. Chose the word which is not a synonym of Bliss.

a)
b)
c)
d)

Cloud nine
Seventh Heaven
Walking on air
Walking on water

1 mark

50. Foreign investment has been simplified in India; __________ many foreign
investors are planning to enter India's market.
a)
b)
c)
d)

thus
even if
that's why
so as to

1 mark

51. _____________ cars are the most convenient way of transport, they are also the
major contributor to traffic.
a) Whenever
b) Whereas
c) On the other hand
1 mark
d) As long as
52. One word for a person who abandons his religious faith is
a)
b)
c)
d)

Apostate
Profane
Agnostic
Atheist

1 mark

53. The first and sixth sentences of a passage are given in the beginning and in the
end, respectively. The middle four sentences have been jumbled up. These are
labelled as P, Q, R and S. Find out the proper order for the four sentences.
S1:
P:
Q:
R:
S:
S6:

Many European cities have trams for local commutation.

As a result, there is horrendous congestion.
It was going to be technically challenging.
They run down the center of the road
To ease it, many cities decided to build underground railway lines.
The foundation stone was laid in 1972.

The proper sequence should be

a)
b)
c)
d)

PRSQ
PSQR
SQRP
RPSQ

2 marks

54. The first and sixth sentences of a passage are given in the beginning and in the
end, respectively. The middle four sentences have been jumbled up. These are
labelled as P, Q, R and S. Find out the proper order for the four sentences.
S1: Traffic is a big issue in Mumbai.
P: So many vehicles on road are the source of air pollution.
Q: Government is building some flyovers to ease the traffic congestion.
R: Another problem is air pollution due to traffic.
S: Daily commuting has become very difficult.
S6: Some new roads are also being planned.
The proper sequence should be
a)
b)
c)
d)

PQRS
SRPQ
SPRQ
QRPS

2 marks

55. Classify each of the statements given below as Fact (F), Inference (I), Judgment
(J).
I. Increasing air pollution is the biggest problem in Delhi.
II. The odd-even formula reduced the traffic but not the air pollution.
III. There are many other factors that contribute to air pollution along with
traffic.
a)
b)
c)
d)

JJF
FIF
FJJ
FIJ

2 marks

56. Classify each of the statements given below as Fact (F), Inference (I), Judgment
(J).
I. The government is doing a good job.
II. A recently conducted survey says that people are, in general, satisfied with
the government.
III. Government has announced a new scheme for unemployed people.
a)
b)
c)
d)

FIJ
JIF
FJI
IJF

2 marks

57. The meaning of the phrase To take a thing lying down is

a)
b)
c)
d)

to respect weaker people

to purchase discounted item
to submit without resistance
to avoid

2 marks

58. Choose the correct sentence.

a) It is probable that the new smartphone by Orange might be ready for testing
around the end of next year.
b) It is probable that the new smartphone by Orange will be ready for testing
toward the end of next year.
c) It is probable that the new smartphone by Orange may be ready for testing
about the end of next year.

d) It is probable that the new smartphone by Orange might be ready for testing
toward next years end.
2 marks

59. Choose the correct sentence.

a) Being deserted by our friends is the cause of great sorrow for us.
b) Our being deserted by our friends is the cause of great sorrow.
c) We feel great sorrow when our friends desert us.
d) Being deserted by our friends, we feel great sorrow.

2 marks

60. Choose the correct sentence.

a) Jack smelled a rat when he scrambled out of the dirty ditch.
b) Tom smells a rat every time he plans a vacation.
c) The minister smelled a rat when his office caught fire and all the files were
destroyed.
d) The secretary smelled a rat when he put the office on fire.
2 marks
61. It is strange that outside the Hotel Megastar, there are so many corner shops
selling food items. After all, the hotel also has a big restaurant which sells food at
cheaper prices, and is open 24-hours.
Which of the following, if true, would be of least help in explaining the
paradoxical observation in the given passage?
a) The corner shops are selling specialist food items not available in the hotel
restaurant.
b) The main business of the corner shops is newspaper distribution and food
items represent a small part of their turnover.
c) The corner shops are mainly family-owned businesses and have been there
for much longer than the hotel restaurant and are perceived as an important
feature of the community.
d) The corner shops are willing to make home deliveries.
2 marks

Read the passage below and answer Question No 62:

If you want a brief history of information technology, here is one. Humans were the first
"computers". Then machines were invented to carry out the computational tasks. Now
these machines have given way to new form of information technology. Information has
become accessible from anywhere. Information technology deals with the acquisition,
processing, storage and dissemination of vocal, pictorial, textual and numerical
information by a microelectronics-based combination of computing and
telecommunications. Thanks to the continuous development of computers, the original
computing systems became minicomputers and later personal computers took the lead.
Nowadays, mobile phones are dethroning the personal computer and computing is
evolving faster to become disembodied more like a cloud, becoming accessible more
easily whenever needed. Information technology in this sense has transformed people
and companies and has allowed digital technology to influence society and economy
alike.
I. Information technology is changing principally because of:
i. government policies
ii. new technological advances
iii. both i and ii above
II. Development of information technology is the result of:
i. advances in computing systems
ii. development of machinery in general
iii. both i and ii above
III. Computing systems are taking the form of clouds means:
i. computers have become smaller
ii. computing power will be disembodied.
iii. both i and ii above
62. The correct answers to I, II and III are:
a) iii, ii, ii respectively
b) ii, i ii respectively
c) i, ii, ii respectively
d) iii, i, i respectively

3 marks

Logical Reasoning
63. In the following letter series, the missing letters have to be filled from one of the
given alternatives in the given order, so that the series contains a repeated
pattern. Which alternative is appropriate?
aa _ ab _ _ aaa _ a

a)
b)
c)
d)

aaab
aabb
abab
baaa

1 mark

64. Sa hins mother is the only daughter of Priyankas father. If Priyanka had married
only on e, what is Priyanka`s husbands likely relationship with Sa hin?
a)
b)
c)
d)

Uncle
Brother
Grandfather
Father

1 mark

65. Please read the following Assertion and Reason.

Assertion (A) : We feel colder on mountains than on plains.
Reason (R) : Temperature decreases with altitude.
a)
b)
c)
d)

Both A and R are true and R is the correct explanation of A.

Both A and R are true but R is NOT the correct explanation of A.
A is true but R is false.
A is false but R is true.

1 mark

66. A watch gains 5 seconds in 3 minutes and was set right at 8 AM. What time will it
show at 10 PM on the same day?
a)
b)
c)
d)

10.10:35 PM
10:23:20 PM
11:01:17 PM
10:31:20 PM

1 mark

67. Study the following diagram and answer the following question.

By which letter, the married teachers who do not live in joint family are
represented?
a)
b)
c)
d)

Q
S
R
P

1 mark

68. Today is Monday. After 61 days, it will be

a)
b)
c)
d)

Wednesday
Thursday
Tuesday
Saturday

1 mark

69. Arrange the words given below in a meaningful sequence.

1.Elephant
a)
b)
c)
d)

2. Cat

3. Tiger

4. Mosquito

5. Whale

5, 3, 1, 2, 4
4, 2, 3, 1, 5
1, 3, 5, 4, 2
2, 5, 1, 4, 3

1 mark

70. Three persons give three statements.

X says either NDA or UPA wins the elections.
Y says NDA wins.
Z says neither NDA nor UPA wins the elections.
Of these statements only one is wrong. Who wins the elections?
a)
b)
c)
d)

UPA
NDA
Either one (cannot be said)
None

3 marks
*****