GRE

GRE (Graduate Record Examination) must be the funniest and the most flawed examination in the world. I quite don't understand the need to test English to get into good Univs. A basic command is a must, but knowing about all those never-heard words won't work. Moreover, mugging up the 3000 words in Barron's guide is a pain in itself. This is not the way to expand your vocabulary.
Moreover ETS seems to be a corrupt organization conducting GRE and TOEFL. They charge like hell. But I end up finding that their website doesn't work. God only knows what they are doing.
I hope one day will come when GRE is abrogated (eh, this word comes in wordlist 1), or maybe Students start coming to India to study.. :)