- Exam Code: Module-0
- Exam Name: Entry exam of the Certified Actuarial Analyst qualification
- Updated: Oct 06, 2026
- Q & A: 57 Questions and Answers
CAA Global Entry exam of the Certified Actuarial Analyst qualification : Module-0
PDF Version DemoAbout CAA Global Module-0 Exam
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CAA Global Module-0 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Mathematics Basics | 20% | - Annuities and perpetuities - Time value of money - Interest rates and discounting - Basic investment and cash flow concepts |
| Topic 2: Fundamental Mathematics | 30% | - Algebra, equations and inequalities - Mathematical constants and standard functions - Sequences and series - Numerical methods - Differential and integral calculus |
| Topic 3: Probability and Statistics | 40% | - Measures of location, dispersion and correlation - Discrete and continuous probability distributions - Data presentation and analysis - Statistical inference and hypothesis testing - Basic probability theory |
| Topic 4: Introduction to Actuarial Concepts | 10% | - Overview of actuarial work and risk management - Basic actuarial applications |
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
Question #1
Calculate the minimum value of f.
- A. 0.00
- B. -0.50
- C. -0.25
- D. -0.75
Correct Answer: D π³οΈ
Question #2
Identify which of the following statements about statistical measures for a set of data is false.
- A. The range can be greater than the largest value.
- B. The sample variance is always greater than or equal to zero.
- C. The sample variance is always smaller than or equal to the largest value.
- D. The range is always greater than or equal to zero.
Correct Answer: A π³οΈ
Question #3
Differentiate f(x) with respect to x, where
A)
B)
C)
D)
- A. Option A
- B. Option D
- C. Option B
- D. Option C
Correct Answer: C π³οΈ
Question #4
A national newspaper wants to publish the results of a survey showing people's preferences for different types of sandwiches. Identify which of the following ways of publishing the survey results is likely to be the least useful to its readers.
- A. Bar chart
- B. Box plot
- C. Table of data
- D. Pie chart
Correct Answer: A π³οΈ
Question #5
Simplify the expression:
A)
B)
C)
D)
- A. Option A
- B. Option D
- C. Option B
- D. Option C
Correct Answer: C π³οΈ
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