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Hello Anjali,
Graduate Aptitude Test in Engineering(GATE) as name suggest is basically admission test to M.E./M.Tech. programmes on scholarship. However some of the PSUs are using GATE score as screening criteria for selection of graduate engineering trainees(GET) and Executive Trainees. Private companies don't hire personnel using GATE score, however your performance in GATE can be an added benefit fir you to show in your resume and influence your private job recruiter.
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