GMAT

The GMAT or Graduate Management Admission Test, as the name suggests, is a requirement for students seeking admission to Business schools worldwide. This standardized 3 1/2 hour adaptive test gauges how the candidates will perform academically in management programs, on the basis of their reasoning skills and decision making abilities. The test scores are used by the schools to take admission decisions. GMAT can be taken anytime the candidate wishes once every 31 days for not more than 5 times a year.

See more here….
http://www.mba.com/india