The moment that Indian students have been dreading has finally arrived: the admissions cutoff for the most sought after college program at Delhi University has reached 100 percent -- meaning it takes a perfect score on the country's standardized entrance exam to get a spot.

Education Minister Kapil Sibal has already stepped in to call the perfect score cutoff "irrational," reports the Times of India. But to university authorities, it is anything but. There's only place for around 12 percent of the country's school age population in India's relatively scant universities, and DU is, arguably, the most sought after of them all. How else to decide who to admit but with the standardized test -- even if it is arbitrary?

The first cut-off for BCom (H) at the Shri Ram College of Commerce released on Tuesday reached 100%, the paper said. Meanwhile, CNN/IBN writes that getting college admissions has become as competitive as landing shares in one of India's most sought after IPOs -- which are usually snapped up immediately in the expectation of guaranteed returns when the stock is listed on the market.