Again, no it wasn't. Alfred Binet created the concept of IQ levels, IQ tests, and the name IQ in 1904 for the French government to test children's abilities in schools.
It didn't bear a similar name or structure. It is literally the same thing as modern IQ and IQ tests. The tests created by Binet are nearly identical to modern tests (save for the exact questions of course).
Alfred Binet created modern IQ in nearly the same form it is today. IQ is a good metric to help in education and schooling, just like it was originally intended to be used for.
Race scientists twisted and lied about it.