^ It's the test people take to apply for graduate school, much like high school students take the SAT to apply for college. GRE scores, in addition to college GPA, are the numerical basis for graduate school acceptance; qualitative things include one's history of leadership and involvement on campus or in the community, research and working with professors as an undergraduate, and particularly one's focus and motivation for finishing the Master's or PhD (usually proven in a statement of intent, or a declaration of what one intends to research and who one intends to work with at that institution).
GRE scores are a small part of all this, but if they are low (esp. in that field: e.g. if one is going into engineering, one had better have good math scores) then they can be grounds for dismissing the application outright. If one has outstanding GRE scores, they can make up for not being as strong in other areas.
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And think not you can direct the course of Love;
for Love, if it finds you worthy, directs your course.
--Khalil Gibran
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