a couple of GPA and GMAT questions

All,

First Question
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How do programs see the GMAT? Do they consider the entire score or a split? My score is 730 (96%) and my split is Q/V = 50/38 with an AWA of 6.0. I personally feel that my verbal is very low. Would the low verbal score cause a problem? I understand the Q and the AWA are good. How do part time MBA programs especially Booth (weekend), Kellogg(weekend) and Ross(evening) take the verbal...experts anyone know?

Second Question
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I did decently well in my undergrad (an Indian grad). Then came over to do my Masters and got a GPA of 3.5 (which i guess isnt miserable). But I got a 'C' in one course and retook it and got a B+...but it didnt get counted towards my GPA. I havent written anything about it in my essay either (as to why i retook it)...would it cause an issue?

PS - I have already submitted my app for these 3 schools.

Third Question
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I know 730 is a decent score for the GMAT. But will it matter upon your country of origin? Like...since I am from India...do some schools expect the score to be above 750 etc because I am from India? I heard this somewhere...and it kinda makes sense...because...a majority of the indians who apply are from the IT sector and a good number of them have a 700+...so what would the distinguishing factor be? I understand there are a lot more criteria other than the GMAT..but is there a distinction within the GMAT score itself based on the country of origin?

Thanks a ton