The means of evaluation of students in our country is based on their performances in exams. A question paper is the basic tool used in an examination.Tests are conducted to asses students’ knowledge in a subject, grading them, to give admission to higher education, placements, scholarships etc.
Hence, a question paper must be set in a way that can measure the change in the level of students’ knowledge...sometimes, question papers are under debate for their levels of toughness and lengthy content. The works of question paper setting and evaluation become more important, particularly when students come from different educational backgrounds and boards.
Therefore, a good amount of care and caution is necessary for setting question papers. The types of question papers differ with the objective of the examination. For example, in competitive examinations, the question paper is set with the objective is to assess the knowledge acquired by the students during the course.
A panel of 3 internal Examiners and one external examiner are involved in setting the various Actuarial Exam papers. • The three of them decide on the structure of the paper and allocate responsibilities amongst themselves as per the exam plan. All the examiners are involved either and/or drafting the paper, or creating the solution or reviewing with indicative solution, marking schedule and the exam plan. • All examiners do consult with themselves and modify the paper, if they feel so and send the final paper along with indicative solution, marking schedule and exam plan to the external examiner (wherever applicable) for oversight. • The Question Types are usually divided in three parts, namely, Knowledge, Application and Higher Skill requirement. • IAI observes the strictest code of Secrecy, wherein, the examiners’ sign an Examiner’s Declaration, thereby upholding the highest standards of Exam Conduction and Ethics
The answer scripts for all our exams go to two independent examiners for marking. • All the borderline cases or wherever, there is some difference in both the examiners’ markings, then those scripts are sent for further review to a Review Examiner. This process leaves no ground for errors.
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