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Hello, The candidate applying for CAT 2018 must fulfil one of the following CAT eligibility criteria 2018:
A. Completed Bachelor's degree with 50 percentage of marks, or
B. Completed professional degree (CA/CS/ICWA) with required percentage, or
C. Should be in the final year of Bachelor's degree with required percentage. Good Luck.

The B.Ed course offered is in Distance/Correspondence mode.
For details refer the link: https://www.shiksha.com/teaching-education/course/b-ed-course-annamalai-university-distance-education-tamil-nadu-tamil-nadu-other-68301

Yes, you can get admission for B.Ed, but you need to have minimum 50% marks to get admission in reputed college.

If you ethically & sincerely complete a course, correspondence / regular doesn't matter. It all depends on what the course curriculum is and what you have learnt. Different employers have a different take on correspondence courses. Unfortunately, to the best of my knowledge, correspondence course degree / Diploma holders are given a pass. If you are good, you can always challenge the employer.