Cut off and PGDM confusion.

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Puys, please help me clear my confusion about the following.What is a cut off in the real sense?IIMs dont call for gdpi if their score is low, but average colgs like IES, MET, SIES, Dalmia call everyone who has applied for their GDPI round. So...
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Puys, please help me clear my confusion about the following.
What is a cut off in the real sense?
IIMs dont call for gdpi if their score is low, but average colgs like IES, MET, SIES, Dalmia call everyone who has applied for their GDPI round. So there is no cut off in average colgs and there is a cut off in IIMs right?
Is there a cut off after the GDPI in average colgs?

Do average PGDM colgs give more weightage to GDPI and work ex or more on exam score?
I have applied for PGDM courses for the above stated average colgs and hope to get a converted call from SIES as my GDPI was very good.
My cmat score is 122, work ex is 1.5 yrs. and an awesome GDPI score. Is there a chance as my cmat score is too low?
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