Typically, entrance exams for universities tend to be:
Competitive: Which means that the entrance exams are ranked and choices of university and course are given in the ascending order of rank. Standard practices like waiting lists are accounted for. This differs from SSLC and HSC in that there is no grading threshold for passing the examination.
Objective: Which means the entrance exams are based on multiple choice questions. The rationale is as much to save work on evaluating millions of candidates using automated means as to balance out the effect of subjective scores on conventional (long-answer) papers that a student faces in his HSC.