Hi there,
They give 2 minutes for the preparation of speech. It is helpful for catching important points to speak in the speech. Moreover, there come some topics about which we have sufficient knowledge.
When next 2 minutes start, I don't think so their focus is to check our knowledge. Rather, it will be how we speak, our eye contact, voice volume, physical posture, hand movements, convincing tone and many things like that.
So, speech is one of the most important steps of the psychological tests.
Do some practice at home and you will gain proficiency in your skill.
Best of luck!
Thanks
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