This document discusses the key characteristics of a good measuring instrument or test, including validity, reliability, objectivity, norms, and usability. It defines validity as the accuracy with which a test measures what it claims to measure, and describes different types of validity including content validity, criterion-related validity, and construct validity. Reliability is defined as the consistency of measurement and different methods for estimating reliability are outlined. Objectivity refers to eliminating personal bias from scoring. Norms provide average scores for comparison. Usability factors like ease of administration, timing, cost, and scoring are also addressed.