Will there be any problem if we interchange the terminals of the four probe?
Are you talking about an ohmmeter?
If the jack sizes are the same, and if the wire resistance is the same, there should be no problem. However, since multiple wires are often color coded on purpose, it could get confusing on what to connect those wires to after inserted in that way.
So, unless you "have" to do it, I wouldn't.
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