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Hi Kaustubh,
At your score you may not clear the cut offs for top colleges in Mumbai which considers CET score. i would recommend that you take a drop and attempt again next year. It would be better if you can work or take up some extra tasks while you take a drop so that you can explain the drop better during PI in the later stages of admission or course. I would also recommend that you aima t other MBA entrance exams as well if you are attempting next year.
Best wishes
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