This lecture provides a detailed explanation of the exam regulations, including the two parts of the exam (theoretical and practical), the grading system, the weightage of different components, the rules for retaking exams, and the importance of mastering the theoretical basics before attempting the practical part. The instructor also discusses the possibility of two attempts for each exam, the dates for the different exam components, the consequences of failing an exam, and the procedures for justifying absences. Additionally, the lecture covers the format of the practical exam, the use of dictionaries and linguistic resources, the importance of reasoning and explaining answers during the exam, and the types of questions that may be asked.