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CAA Global Module-0 : Entry exam of the Certified Actuarial Analyst qualification
Exam Code: Module-0
Exam Name: Entry exam of the Certified Actuarial Analyst qualification
Updated: Oct 09, 2026
Q & A: 57 Questions and Answers
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CAA Global Module-0 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Financial Mathematics Basics | 20% | - Basic investment and cash flow concepts - Time value of money - Annuities and perpetuities - Interest rates and discounting |
| Fundamental Mathematics | 30% | - Differential and integral calculus - Mathematical constants and standard functions - Numerical methods - Algebra, equations and inequalities - Sequences and series |
| Probability and Statistics | 40% | - Data presentation and analysis - Measures of location, dispersion and correlation - Basic probability theory - Discrete and continuous probability distributions - Statistical inference and hypothesis testing |
| Introduction to Actuarial Concepts | 10% | - Basic actuarial applications - Overview of actuarial work and risk management |
CAA Global Entry exam of the Certified Actuarial Analyst qualification Sample Questions:
Question #1
Identify which of the following statements are true.
I.Skewness measures how peaked a set of data is
II.Skewness is a measure of asymmetry of the distribution of the data about its mean.
III. For a symmetrically distributed data, the mean equals the median but not necessarily the mode IV. The value of a measure of skewness can be positive, zero or negative.
- A. II and IV only
- B. I and II only
- C. I and III only
- D. II, III and IV only
Correct Answer: A π³οΈ
Question #2
Identify which of the following statements about the mean of a data set is correct.
- A. It is a measure of the range of the data.
- B. It is a measure of the variability of the data.
- C. It is a measure of the central tendency of the data.
- D. It is a measure of the spread of the data.
Correct Answer: D π³οΈ
Question #3
Determine the binomial expansion of (2x-X2)3.
- A. -X6+8x3
- B. -x6+2x5-4x4+8x3
- C. -x6+3x5-3x4+x3
- D. -x8+2xa-4x4+8x3
Correct Answer: B π³οΈ
Question #4
Calculate the minimum value of f.
- A. -0.75
- B. -0.25
- C. -0.50
- D. 0.00
Correct Answer: A π³οΈ
Question #5
Multiplythe following two matrices together.
A)
B)
C)
D)
- A. Option A
- B. Option D
- C. Option B
- D. Option C
Correct Answer: D π³οΈ
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