New Exam Generator

PrimeExam enables you to easily create mixed type exams from reusable
question banks (multi-choice, T/F, essay, short answer, fill-in), print out
keys and embed images in questions (BMP, GIF, JPEG, PNG, TIFF). A user
friendly wizard interface will help you to quickly convert existing
text-based exams into question banks, create random exams based on detailed
criteria as well as create random exam forms to discourage cheating.
Perform advanced searching in question banks of unlimited size and create
multiple collections of questions inside question banks. Quickly assess
question banks using detailed statistics.

PrimeExam is user friendly, flexible, and explained in depth. It was
designed by an instructor of over 30 years who understands the real-world
needs, problems, and frustrations of evaluating student achievement. All
terms are defined and every function understandable. Included is a
step-by-step tutorial and an illustrated, easy to navigate internet User's
Guide.

http://www.primeexam.com