Create Your Own Test

Trying to create a software program that allows people to make their own test/exams. Also, be able to create their own flash card tests. Also need the ability of other people to create tests/exams/flashcards and save them as modules. They can then share the modules with other people who are trying to take a test. The goal is to have people read a chapter, create their own question/answer and then save and load the test/exam. The tests would be setup to be timed or not timed. I would want the ability of references to be added to the question at the bottom. This would be a real software that would require someone to run the executable and load the software on their computer. It would be a single license software per PC. Would need some kind of software licensing feature so people can't share the software.