According to my knowledge (and that's usually right :) ) there is no individual cut off in AIEEE...it's the case of IIT-JEE only...
And for the second part, by seeing that the paper was comparatively easy this year, i have a strong feeling that your AIR will be somewhere in between 25000 - 30000...But as you know this depends well over your state rank. So my thought is that you give preference to your state rank over AIR.
For further queries don't hesitate to contact me :)
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