AI-Driven Innovations in Blockchain-Based Trade Finance BBLC Practice Questions (Page 10)

Questions 46–48

1. 46foundation · easy

   What is a key function of AI in automated document processing for trade finance?

   • AExtracting relevant data from invoices and bills of lading
   • BStoring documents in a centralized database
   • CPhysically transporting documents between parties
   • DCreating new trade documents from scratch
   Reveal Solution Discussion Select an answer first
2. 47expert · hard

   A trade finance platform uses AI to extract data from bills of lading. The AI model occasionally misreads the port of discharge, which could lead to incorrect payments. The platform must ensure data accuracy while maintaining the speed of automated processing. What is the best way to handle this risk?

   • ARequire human review of every extracted field to eliminate all errors.
   • BUse a second AI model to double-check the first model's output, with no human involvement.
   • CStore the raw document on-chain and rely on the smart contract to parse it correctly.
   • DUse AI to flag low-confidence extractions for human review, while high-confidence extractions proceed automatically.
   Reveal Solution Discussion Select an answer first
3. 48expert · hard

   A bank's AI-based AML system for trade finance is being audited by regulators. The regulators require the bank to demonstrate that the AI model does not discriminate against certain countries or customer segments. The bank must also prove that the model's decisions are consistent with its documented risk appetite. What should the bank do?

   • AUse a third-party AI vendor and claim that the vendor is responsible for compliance.
   • BConduct a bias audit of the AI model and document how the model aligns with the bank's risk appetite framework.
   • CDelete the AI model and revert to manual AML reviews to avoid scrutiny.
   • DShare the AI model's training data with regulators to prove transparency.
   Reveal Solution Discussion Select an answer first