1) Mango Bank uses AI to approve loans fairly, without bias. They train their AI on diverse data to ensure it treats all applicants equally, focusing only on relevant factors like credit history and income. a) Transparent b) Accountable  c) Fair d) Secure e) Societal Impact and Benefits f) Human oversight and control  2) Mango Bank secures transactions with AI-driven systems. They use encryption and authentication to protect customer data. Regular security checks maintain a safe banking environment. a) Fair b) Human oversight and control c) Accountable d) Transparent e) Secure f) Societal Impact and Benefits 3) Mango Bank uses AI to offer investment advice. They provide clear explanations of how their AI works and why it makes specific recommendations. a) Accountable  b) Fair c) Human oversight and control d) Secure e) Societal Impact and Benefits f) Transparent  4) Mango Bank uses AI to provide financial education and support, they empower individuals and businesses, fostering economic development and social inclusion. a) Transparent b) Societal Impact and Benefits: c) Human oversight and control d) Accountable e) Secure f) Fair 5) Mango Bank uses AI to manage risks responsibly. They assign dedicated staff to oversee the system's performance and comply with regulations. Regular audits ensure prompt action on identified risks. a) Fair b) Human oversight and control  c) Secure d) Accountable e) Transparent f) Societal Impact and Benefits 6) Mango Bank combines AI with human expertise for investment advice. While AI identifies opportunities, human advisors offer personalized guidance. Clients retain control over their decisions, ensuring trust and alignment with their financial goals. a) Fair b) Human oversight and control c) Secure d) Societal Impact and Benefits e) Accountable f) Transparent

Key principles of responsible AI

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