On assessments

Are we doing our assessments in the right manner?
The other day I was talking to a 11 year old in my neighbourhod.  He proudly remarked that he had completed his test paper in 10 minutes. The test was set for 45 minutes. I praised him saying that he must have prepared so well that he had completed the test so fast.
And out of the mouth of the babe came this,' Oh my teacher had revised these very same questions just before the test. Same to same.'

I turned red on behalf of my fraternity.

So do we need such assessments?

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