Hello Chandan!
If your best of four percentage matches with the course of a particular college and the eligibility criteria, you wish to seek admission in then you can apply for that course in a particular college. Now, if there are many people who have applied for a course in a particular cut off. Then, in that case everyone who have applied will be confirmed for admission in a particular course and college after your documents are verified by the college and they approve the admission. There is no first come, first serve basis and so whoever has applied considering their documents are correct and verified will get their admission confirmed.
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