The Operator's manual should show you how to set the mesh of the gears.
You have to be able to move the studs along the banjo, and swing the banjo around t's mounting.
This will allow you to set the mesh of the gears. Too little will cause wear and noise, too much will be noisy and may reduce accuracy and quality of finish (due to gears rattling )
To set the backlash, run a sheet of paper about 0.003 (0.075 mm) thick into the mesh and then clamp up.
Probably easier to swing the banjo first to set the backlash on the first mesh, and then to move the studs to set the backlash on the other gears.
Howard