Which options is good: joining Fore and inversting Rs. 14 lakhs or trying CAT next year?

I would like to suggest that since this is ur first time and u have a job in hand, i would say that have an experience for a year, i am sure and looking at ur acads and cat score u wud be able to crack even a better college. FORE is not bad but not in top 30.

If you invest that much then look for overseas destinations. Are you well experienced executive in middle management level then spend more and join ISB Hyderabad. Think different and consider moving towards the best to live and work countries which are surely not in the west but in the Middle East.