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: Feb 18, 2026

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Question 1

A justice system uses an AI model to predict failure-to-appear (FTA) rates in court. To ensure fairness without explicitly using protected group data, what could be a potential unintended outcome?

A : The model underestimates FTA for all demographics

B : The model’s accuracy decreases for high-risk groups

C : The model’s reliance on correlated variables increases potential bias in predictions

D : The model achieves demographic parity but lacks predictive accuracy

Answer: C

Question 2

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?

A : Proxies might result in simplified metrics that don’t align with the actual objective.

B : Proxies require extensive computational resources.

C : Proxies ensure a direct alignment with the model’s intended objective.

D : Proxies make the model fully explainable to external auditors.

Answer: A

Question 3

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 : It assigns zero probability to the class if a new word is present.

B : It ignores the new word in classification.

C : It calculates probabilities based on prior data alone.

D : It smooths probabilities to avoid zero probabilities.

Answer: D

Question 4

A bank is developing its model risk governance framework to address ML/AI models. What foundational approach should the bank take?

A : Create an entirely new framework specific to AI/ML.

B : Build upon its existing model risk framework while adapting to new challenges from AI/ML.

C : Exclude traditional models from the risk framework.

D : Focus solely on AI/ML ethical aspects without considering statistical issues.

Answer: B

Question 5

A generative AI provider in China is designing its service to align with Chinese regulations. What is a key obligation it must meet under the Generative AI Measures?

A : Ensure all content generated is free from any factual errors.

B : Prioritize content generation for government-endorsed topics only.

C : Prevent the generation of illegal and discriminatory content, respecting privacy rights.

D : Avoid transparency in algorithm usage to maintain competitive advantage.

Answer: C

Page: 1 / 66

Total 330 Questions | Updated On: Feb 18, 2026

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