CAT

For preparing CAT 2017 start practising with basic Quant. questions, you can refer books like Arun Sharma, Trishna. For verbal you need to read newspaper articles daily, practice more on jumbled sentences/para completion. DI-LR again needs practice.
For initial two months start preparing yourself with each week dedicating to a particular section and try to cover the maximum syllabus. After gaining confidence join a good test series and improve on weak topics. You need to utilise your time cautiously.

Most the top B-Schools in India use CAT score. B-Schools which accept MAT score are generally Tier II and Tier III colleges. MAT is the only good option if you are unable to crack CAT, XAT, SNAP, IIFT etc.

Hello Reetika,
Cracking CAT is not at all difficult if the preparation is done sincerely and smartly. The syllabus and exam pattern of CAT is designed in such a way that no one is given an unfair advantage over the others. You need to work a lot on your weak topics, give mock tests properly and analyse them, focus on learning shortcuts when required.
All the best.

Yes, CAT score is just an entry to be shortlisted for the next rounds. Rest all depends on your performance in the upcoming rounds.

Yes, of-course. You can apply.

No, you can't apply.

You can find a lot of MBA colleges that are going strong in the market but I found UEM, Jaipur to fulfil your requirements. It has the best education with good placement assistance and infrastructure. Rest is up to you.

Dear,
You can plan for 7-10 hours per day with commitment and dedication and you can do your college education too.
All the best.

Yes, you are eligible for CAT exam as the requirement for CAT exam and MBA is graduation in any field with 50% marks and from recognised university. There is no other criteria or special requirement that graduation is to be do we in specific field.

If you are sure that you can prepare well and can get good percentile in next exam then you can definitely drop out and prepare well for it. There is no harm in dropping. But since you have very good percentile in CMAT, you try good colleges through it also.