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Yes, any graduate student is eligible for MBA if he secure 50% or above.

Hi,
If you have taken banking and insurance in your UG, then better option would be you choose in your Masters MBA as specialization in the same domain banking and insurance, or you can choose banking and finance as your specialization in MBA, because you'll get the best career mode of either choosing to enter in banking sector or insurance or finance field.

Following are the eligibility criteria for admission in MBA from SJMSOM:
1] A four year Bachelor's Degree or a Master's Degree in any discipline with first class or 60% marks (55% for SC/ST) in aggregate (including all years/semesters) or minimum CPI of 6.5 (6 for SC/ST) out of 10.
2] CA/ICWA, with a first class Bachelor's Degree in any discipline (60% marks (55% for SC/ST) in aggregate (including all years/semesters) or minimum CPI of 6.5 (6 for SC/ST) out of 10).

To get admission in any MBA field, you have to clear the entrance exam, which is accepted by the respective institute.

Yes, in fact any undergraduate can do MBA. You have to clear graduation with 50% minimum and clear the entrance exam too.

You can join a course on ERP/SAP, as companies now a days are going for automation.

Eligibility of Master of Computer Applications [MCA]:
Graduation in any stream is the basic eligibility for MCA. The eligibility for qualifying marks in graduation differs from institute to institute. Most of the institutes require 45 to 50 % aggregate in qualifying exam for taking admission. Reserved categories get some relaxation in aggregate percentage. Apart from this there is another prerequisite for taking admission in MCA degree, one must have studied mathematics in 10+2 as a compulsory subject.

Hi Dishita!
Kindly refer https://admission.stanford.edu/apply/.

Hi,
A candidate taking up (Hons.) Course in a subject must have obtained a minimum of 50% marks in the aggregate and 45% marks in the subject or related subject at the previous qualifying examination.
All the Best!