Hi Pallavi 

Management quota is basically reserved seats in private colleges. If you are not able to score good marks in entrance examination or if you didn't qualify Eligibility criteria for admission then you can get a seat in that particular college through management quota i.e. you have to pay regular college fee along with donation money i.e you have to pay extra amount of money in Management quota for Admission.

Hey Pallavi Pandey

Management Quota in medical colleges is something which allows the private institutions or colleges to sell their seats to those who are willing to spend almost two to four times the actual fees of that particular college. These seats are not filled on the basis of merit.The college kind of sell the seats getting a lot of profit in return.

I hope you got my point. For any further Queries feel free to ask.