Dear Shiddhant,

The five year-integrated BALLB programme combines training in law with knowledge of the social sciences at the same time BBALLB law subjects are studied in conjunction with business administration subjects such as Principles and Practices of Management, Financial Markets and Institutions, Cost and Management Accounting, Marketing, Corporate Accounting, Organizational Behaviour, Human Resource Management, Managerial Psychology, Ethical Entrepreneurship and Leadership, Financial Reporting and Analysis, Financial Management, Mergers, Acquisitions and Corporate Restructuring.

Course Structure of Undergraduate Programme of both programmes of NLUO can be seen by following the link provided. After going throgh this, only you can decide whether you want to study or not but if I were given an option of choosing any one from these two, I would have gone with BBALLB.
I hope it helps!