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Eligibility criteria for CAT is  passed graduation in any discipline from a recognized university with 50% aggregate, there's relaxation of 5% in case of reserved categories, final year students are eligible to apply.

For UGC NET, you are required to pass postgraduation in any relative subject from the recognized University with 55% aggregate, there is relaxation of 5% in case of reserved category,here also final year students are eligible. To provide you an example if you choose to do master's degree in english, you can appear for UGC NET in English.

Common Admission Test

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University Grants Commission National Eligibility Test

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