Hi Rohan,
Yes, this is the time where you enjoy a lot.
You maybe really confused if you're thinking too much about academics and fun at a time. Just make sure you follow up academics, just don't fall back. And with that you have your moments. These moments are the only things that you'll remember after your studies.
These little things got more value than academics. If you miss them now, you'll never get it back.
Hope so you are doing great!!
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