Total 330 Questions |
Updated On: Mar 20, 2026
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Free GARP RAI Exam Questions
Become GARP Certified with updated RAI exam questions and correct answers
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Question 1
Which type of risk might an organization face if an AI algorithm breaches individual privacy or yields biased results?
Answer: C
Question 2
A Board of Directors at a global tech firm is considering developing a data-collection AI that could enhance user experience but involves intrusive tracking. According to rule consequentialism, how should they decide?
Answer: B
Question 3
A financial institution is implementing an AI model that uses proxies for loan approval decisions. Which of the following is a potential risk associated with using proxies?
Answer: A
Question 4
An investment firm is setting up its model risk management framework. Who is primarily responsible for approving or rejecting models based on validation results?
Answer: C
Question 5
Which type of risk might an organization face if an AI algorithm breaches individual privacy or yields biased results?
Answer: C
Page: 1
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Total 330 Questions |
Updated On: Mar 20, 2026
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