If somebody is Gold medlist it is not necessary that he/she can pass every test. Nearly 70% of my class have given this test but only 3 students are able to clear it. having CGPA of 3.2, 3.3 and one buddy have 2.98 CGPA and he is allowed to sit in test as he have 71%, otherwise min. crirteria is 3 CGPA. IN gob market employers doesn't see Gold Medals and CGPA's, they only judge your ability that you can do that particuler job or not.
During MBA we are group of 5 boys who always focus on learning instead of getting Grades, and Now by grace of Allah our group is in far better positions then those who run besides grades n medals.