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Education Minister Dipu Moni announced the decision after a virtual meeting with principals of the seven colleges in the afternoon.
Also read: Students block Nilkhet intersection protesting exam postponement
Earlier in the morning, the students from the seven colleges blocked the Nilkhet intersection in the capital demanding continuation of their examinations.
The blockade created heavy traffic congestion in the area causing immense suffering to commuters, including office-goers.
Earlier on Tuesday night, the students also took to the streets after the Dhaka University authorities at a meeting with the principals of the seven colleges decided to postpone all the exams till May 1, citing the Covid-19 pandemic.
The agitating students blocked the road around 9am as declared earlier.
Also read: Affiliated college students protest as DU indifferent to their demands
Hundreds of students joined the protests and were chanting various slogans demanding that their examinations be allowed to continue, and asked the authorities concerned to take immediate steps in this regard.
They had threatened to continue their protests until the authorities change their decision.
Earlier, the government decided to reopen the residential halls of all universities on May 17 and resume classes on May 24. The Ministry of Education issued a directive to keep all the examinations postponed till then.
Also read: All universities to reopen on May 24, halls May 17: Minister
Education Minister Dr Dipu Moni said, "Before reopening, the teachers, students and employees will be vaccinated."
There are 1.30 lakh residential students, 15,000 teachers and 25,000 employees in different public universities of the country.