Free GARP RAI Exam Questions

A social media platform’s content recommendation algorithm repeatedly suggests similar content to users based on previous interactions, creating a feedback loop that reinforces certain perspectives. What type of algorithmic bias does this illustrate?

Which term best describes a dataset that includes a mix of organized, structured financial data and unstructured text data from customer reviews?

While using Naïve Bayes for text classification, a bank wants to classify customer feedback as “Good” or “Bad.” How does the model handle the probability of classifying feedback with words it hasn’t encountered?

A critical infrastructure provider in the U.S. wants to ensure responsible AI deployment to enhance service reliability. How should the provider proceed under guidance from the AI Safety and Security Board (AISSB)?

An investment firm is setting up its model risk management framework. Who is primarily responsible for approving or rejecting models based on validation results?