Migrate - Classic Quiz with Question Groups

When migrating a Classic Quiz with question groups, they become a New Quiz with Item banks.

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Step-by-step guide

Navigate to the "Settings" tab in MyClasses.
On the right hand side, click the "Export Course Content" button.
Under "Export Type", click "Quiz". Then select the quiz to export. *You may only export one quiz at a time.
Select "Create Export".
Then click the red "New Export" button and save the files to your computer.
Create another quiz, but this time as a New Quiz. Select Build.
In the top right select the three dots then click "Import Content."
Select Browse. Navigate to where you saved your exported quiz, select it, then click "Import."
Once you have imported your Classic Quiz into New Quizzes, it will open that quiz in the Build window for you to edit it.
You will also now notice in your list of quizzes that you will have two copies of this quiz, the original Classic Quiz with the outlined rocket icon, and the New Quiz with the filled in rocket icon.

Item banks are anything you want to randomize, rather in Classic Quizzes, Question banks could be an entire unit of questions.