Subject Title - INSETA

4. The following applies to the regulatory examinations forrepresentatives:a) The first-level regulatory examination is not compulsory forrepresentativesb) Representatives must first obtain the required qualificationsbefore completing the first-level regulatory examinationc) The second-level regulatory examination applies to keyindividuals onlyd) The first-level regulatory examination is compulsory forrepresentatives5. Which of the following applies to the representative register:a) Profile changes must be done and the updated register mustbe sent to the FSB every 15 daysb) The representative register contains personal information ofrepresentatives as well as their status with regard to meetingthe fit and proper requirementsc) The representative register only applies to newly-appointedrepresentatives.d) only a) and b)6. A representative, must at date of appointment by an FSP, have:a) the minimum experience requirementsb) all the required qualifications (unless the representativeworks under supervision)c) completed all regulatory examinations, unless working undersupervisiond) All of the above7. The main differentiating factor between the general experiencerequirements applicable to all representatives and the specificexperience requirements, lies in the:a) nature of the products in the different categoriesb) length of experience gained in the preceding five-year (5-year) periodc) length of service of the representatived) only a) and b)© INSETA - Section 1 12a 83