Free GARP RAI Exam Questions

Become GARP Certified with updated RAI exam questions and correct answers

Page: 1 / 66

Total 330 Questions | Updated On: Jan 05, 2026

Add To Cart

Question 1

A tech firm is developing a model to predict credit risk and wants to reduce testing bias while still evaluating performance. Which approach should it use?

A : Conduct black-box testing to assess functionality without internal bias.

B : Focus solely on white-box testing for thorough code analysis.

C : Rely on artificial test cases for full test coverage.

D : Avoid testing until after model deployment to prevent interruptions.

Answer: A

Question 2

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 3

A trading firm uses reinforcement learning to determine the best time to buy or sell an asset. They have partial information about the state transitions and aim to maximize long-term profits by identifying the best action in each state. Which reinforcement learning approach is most suitable for this scenario?

A : Model-based approach

B : Policy gradient

C : Value-based approach

D : Supervised learning

Answer: C

Question 4

A company wants to apply reinforcement learning to manage its warehouse inventory, learning when to restock based on demand fluctuations. What is a potential drawback of using reinforcement learning in this scenario?

A : It cannot adapt to new demand patterns over time.

B : It requires high amounts of labeled data for training.

C : It may initially perform poorly as it learns from trial-and-error.

D : It only works for supervised learning tasks.

Answer: C

Question 5

Which of the following scenarios represents a binary classification problem?

A : Predicting the probability of different stock prices

B : Forecasting next month’s sales in dollars

C : Determining if a transaction is fraudulent or legitimate

D : Grouping customers into three income tiers

Answer: C

Page: 1 / 66

Total 330 Questions | Updated On: Jan 05, 2026

Add To Cart