Free GARP RAI Exam Questions

Become GARP Certified with updated RAI exam questions and correct answers

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Total 330 Questions | Updated On: Apr 03, 2026

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Question 1

What is a primary reason to remove duplicate observations during data cleaning?

A : To improve data storage efficiency

B : To avoid biases in analysis

C : To handle missing data effectively

D : To address inconsistent recording

Answer: B

Question 2

An insurance company is using a neural network for classifying claims as "Fraudulent" or "Non-Fraudulent." They decide to use ReLU (Rectified Linear Unit) as the activation function for the hidden layers. What is the primary purpose of using an activation function like ReLU in this neural network?

A : To scale the output between 0 and 1

B : To introduce non-linearity

C : To calculate weights in the hidden layers

D : To set bias terms to zero

Answer: B

Question 3

A financial institution is creating a model inventory. Which of the following should be included to ensure comprehensive governance?

A : Only the model’s purpose and validation report.

B : Model owner, but not developer information, for clarity.

C : A description of model assumptions but not its risk classification.

D : Model owner, purpose, methodology, assumptions, limitations, and risk tier.

Answer: D

Question 4

A tech firm is evaluating different models for an NLP project requiring high computational efficiency and parallel processing. Why might transformers be more suitable than RNNs for this task?

A : They use contextual embeddings

B : They are sequence-dependent

C : They allow for parallel processing

D : They rely on sequence ordering

Answer: C

Question 5

You are given the following feature vector and statistical parameters:Feature Vector: [1, 3.6, 9, 10]Mean: 5Variance: 2.89What is the standardized feature vector?

A : [−2.35,−0.82, 2.35, 2.94]

B : [−2.34,−0.81, 1.81, 1.97]

C : [−1.81,−0.81, 2.34, 2.76]

D : [−2.34,−0.81, 2.34, 3.76]

Answer: A

Page: 1 / 66

Total 330 Questions | Updated On: Apr 03, 2026

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