Free GARP RAI Exam Questions
Absolute Free RAI Exam Practice for Comprehensive Preparation
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GARP RAI Exam Questions
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Provided By: GARP
- Exam: Risk and AI (RAI)
- Certification: GARP Certification
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Total Questions: 320
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Updated On: Apr 09, 2025
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Rated: 4.9 |
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Online Users: 640
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Question 1
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A retail bank uses self-training to classify loan applicants as high or low risk, but it finds that updating the model after each new labeled data point is computationally intensive. Which approach can the bank use to reduce this burden?
Answer: A
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A retail bank uses self-training to classify loan applicants as high or low risk, but it finds that updating the model after each new labeled data point is computationally intensive. Which approach can the bank use to reduce this burden?
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Question 2
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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?
Answer: C
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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?
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Question 3
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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?
Answer: B
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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?
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Question 4
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In an effort to understand why certain loan applications were denied, a bank deploys LIME (local interpretable model-agnostic explanations). What is the primary advantage of using LIME?
Answer: B
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In an effort to understand why certain loan applications were denied, a bank deploys LIME (local interpretable model-agnostic explanations). What is the primary advantage of using LIME?
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Question 5
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In cost complexity pruning, a bank uses a parameter, α, to balance the residual sum of squares (RSS) and the number of terminal nodes. What is the primary role of this parameter?
Answer: C
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In cost complexity pruning, a bank uses a parameter, α, to balance the residual sum of squares (RSS) and the number of terminal nodes. What is the primary role of this parameter?