Question for you: Is hiring good people refer to hiring good people, or hiring people who pass your exams and interviews?
I'm still recently out of college, but when I first joined a company, our interview questions were more along the lines of Palindrome/FizzBuzz and being able to write good, simple SQL queries. We found out relatively quickly if you were competent for the job, and if not, you were gone.
Now, even MVC/CRUD Apps are asking interviewees to complete Google coding interview questions such as "Implement a Binary Search Tree" - which most of us even just a few years out, have not done for quite a while.
