Answers:
1) No, U just hv to complete BMT, go for CPSS, pilot selection
interview, aeromedical check up,once u successful, then they will
call u sign the bond (10 yr bond is effective only after u have
earn ur wings, otherwise contract terminated.)
2)It is base on manpower requirement , quota, performance. But they
are allowed to appeal. Eg. if they have space for 10 fighter pilot,
n they have 20 qualified for fighter, top 10 will make it, the rest
stream to transport or rotary.
3) Yes, But He/She is subjectted to conversion courses. 1 of them
is C/IRPL (Commercial Instrument Rated Pilot License).