CAA Global Module-0 - Entry exam of the Certified Actuarial Analyst qualification

CAA Global Module-0 Actual PDF
  • Exam Code: Module-0
  • Exam Name: Entry exam of the Certified Actuarial Analyst qualification
  • Updated: Aug 06, 2026
  • Q & A: 57 Questions and Answers
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CAA Global Module-0 Exam Syllabus Topics:

SectionWeightObjectives
Introduction to Actuarial Concepts10%- Basic actuarial applications
- Overview of actuarial work and risk management
Probability and Statistics40%- Discrete and continuous probability distributions
- Basic probability theory
- Measures of location, dispersion and correlation
- Data presentation and analysis
- Statistical inference and hypothesis testing
Fundamental Mathematics30%- Numerical methods
- Algebra, equations and inequalities
- Mathematical constants and standard functions
- Differential and integral calculus
- Sequences and series
Financial Mathematics Basics20%- Interest rates and discounting
- Time value of money
- Basic investment and cash flow concepts
- Annuities and perpetuities

CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:

1. Identify which of the following statements is correct.

A) x in(n)
B) In (nx)
C) n in (x)
D) In(x)+ in(n)


2. The volume of a cone can be determined by summing up the infinitesimal circular cross-sections of the cone across the length of the cone Consider the function f(x) = x2 for x contained in [0,1].

Now consider an infinitesimal circular cross-sectional element of width dx and radius r = f(x) Determine the volume of the cone enclosedby the function f(x) by considering the volume of each circular cross-sectional element (Recall thatthe sum of infinitesimal elements can be represented as an integral Recall also that the area of a

circle is
A)

B)

C)

D)
1

A) Option C
B) Option B
C) Option A
D) Option D


3. Calculate the determinant of the product of the matrices given below:

A) -78
B) -0 00227
C) -60
D) -440


4. Determine which of the following statements is not true about the binomial expansion of (1+x)p, assuming p is real.

A)

B)

C)

D) it converges when p is a p positive integer.


5. Consider the following definite integral:

Determine for which combination of a and b the integral converges.
A)

B)

C)

D)

A) Option C
B) Option B
C) Option A
D) Option D


Solutions:

Question # 1
Answer: C
Question # 2
Answer: D
Question # 3
Answer: D
Question # 4
Answer: A
Question # 5
Answer: D

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